Ashland Area Economic Development
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 38,650 | 21,535 | 17,115 | 35.4 | — |
| 2018 | 51,310 | 4,694 | 46,616 | 281.6 | — |
| 2020 | 35,250 | 48,960 | −13,710 | 27.1 | 95% |
| 2021 | 26,525 | 38,369 | −11,844 | 34.8 | 70% |
| 2022 | 112,784 | 76,623 | 36,161 | 22.8 | 54% |
| 2023 | 68,087 | 67,643 | 444 | 0.0 | 82% |
In its most recent public year (2023), this organization brought in $444 more than it spent. Its reserves stood at about 0 months of spending, down from 35.4 in 2017. Staff pay was 82% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Ashland Area Economic Development's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works