Lincoln County Economic Development Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 88,459 | 61,834 | 26,625 | 69.1 | — |
| 2012 | 85,622 | 57,883 | 27,739 | 79.6 | — |
| 2013 | 78,473 | 61,022 | 17,451 | 78.9 | — |
| 2014 | 78,477 | 52,697 | 25,780 | 97.3 | — |
| 2015 | 88,168 | 73,170 | 14,998 | 72.5 | — |
| 2016 | 111,496 | 88,930 | 22,566 | 62.7 | — |
| 2017 | 145,797 | 110,499 | 35,298 | 65.2 | 54% |
| 2018 | 190,543 | 114,443 | 76,100 | 70.9 | 51% |
| 2019 | 161,084 | 174,965 | −13,881 | 45.4 | 41% |
| 2020 | 161,507 | 135,201 | 26,306 | 61.1 | 71% |
| 2021 | 205,676 | 129,739 | 75,937 | 70.7 | 71% |
| 2022 | 189,950 | 182,045 | 7,905 | 50.9 | 52% |
| 2023 | 223,067 | 247,438 | −24,371 | 36.3 | 51% |
In its most recent public year (2023), this organization spent $24,371 more than it brought in. Its reserves stood at about 36.3 months of spending, down from 69.1 in 2011. Staff pay was 51% of spending. $170,508 of its net assets are donor-restricted.
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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