Calhoun Economic Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 8,552 | 13,676 | −5,124 | 216.7 | 0% |
| 2018 | 100,208 | 145,767 | −45,559 | 16.6 | 0% |
| 2019 | 164,345 | 9,063 | 155,282 | 182.5 | 0% |
| 2020 | 152,326 | 240,643 | −88,317 | 2.5 | 0% |
| 2021 | 226,591 | 155,613 | 70,978 | 9.3 | 0% |
| 2022 | 286,630 | 68,845 | 217,785 | 59.0 | 0% |
| 2023 | 89,368 | 4,500 | 84,868 | 1128.3 | 0% |
In its most recent public year (2023), this organization brought in $84,868 more than it spent. Its reserves stood at about 1128.3 months of spending, up from 216.7 in 2017. Staff pay was 0% 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
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