Elk County Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 52,289 | 45,001 | 7,288 | 30.9 | 0% |
| 2012 | 51,352 | 45,022 | 6,330 | 32.5 | 0% |
| 2013 | 17,896 | 18,613 | −717 | 78.2 | 0% |
| 2014 | 36,529 | 53,843 | −17,314 | 23.2 | 0% |
| 2015 | 35,499 | 51,515 | −16,016 | 20.5 | 0% |
| 2016 | 36,672 | 50,656 | −13,984 | 16.6 | 0% |
| 2017 | 38,433 | 49,324 | −10,891 | 14.4 | 0% |
| 2018 | 45,863 | 48,238 | −2,375 | 14.1 | 0% |
| 2019 | 47,005 | 48,123 | −1,118 | 13.9 | 0% |
| 2020 | 28,003 | 23,464 | 4,539 | 30.8 | 0% |
| 2021 | 54,748 | 29,639 | 25,109 | 33.2 | 0% |
| 2022 | 54,930 | 31,804 | 23,126 | 39.7 | 0% |
| 2023 | 53,534 | 25,620 | 27,914 | 62.3 | 0% |
| 2024 | 45,846 | 26,642 | 19,204 | 68.6 | 0% |
In its most recent public year (2024), this organization brought in $19,204 more than it spent. Its reserves stood at about 68.6 months of spending, up from 30.9 in 2011. 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 2024. 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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