Rockville Economic Development Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 774,667 | 692,337 | 82,330 | 9.2 | 36% |
| 2012 | 1,250,698 | 1,217,490 | 33,208 | 5.6 | 20% |
| 2013 | 808,640 | 770,524 | 38,116 | 9.4 | 34% |
| 2014 | 907,713 | 888,778 | 18,935 | 8.4 | 44% |
| 2015 | 982,720 | 907,993 | 74,727 | 9.1 | 50% |
| 2016 | 895,454 | 1,055,393 | −159,939 | 6.0 | 52% |
| 2017 | 1,250,963 | 1,128,154 | 122,809 | 6.9 | 52% |
| 2018 | 1,098,043 | 1,067,111 | 30,932 | 7.7 | 47% |
| 2019 | 1,543,236 | 1,451,077 | 92,159 | 6.0 | 40% |
| 2020 | 1,614,016 | 1,488,101 | 125,915 | 6.9 | 36% |
| 2021 | 1,951,049 | 1,748,144 | 202,905 | 7.3 | 37% |
| 2022 | 2,488,151 | 2,026,342 | 461,809 | 7.1 | 39% |
| 2023 | 2,382,137 | 2,232,723 | 149,414 | 7.2 | 37% |
In its most recent public year (2023), this organization brought in $149,414 more than it spent. Its reserves stood at about 7.2 months of spending, down from 9.2 in 2011. Staff pay was 37% of spending. $260,497 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
Rockville Economic Development Inc'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