Maryland Economic Development Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 130,180 | 130,440 | −260 | 23.3 | 68% |
| 2012 | 157,973 | 153,735 | 4,238 | 20.1 | 60% |
| 2013 | 174,380 | 149,236 | 25,144 | 22.7 | 63% |
| 2014 | 173,283 | 142,932 | 30,351 | 26.2 | 68% |
| 2015 | 162,125 | 154,859 | 7,266 | 24.8 | 68% |
| 2016 | 177,065 | 164,352 | 12,713 | 23.4 | 66% |
| 2017 | 191,315 | 171,747 | 19,568 | 22.6 | 66% |
| 2018 | 198,682 | 193,344 | 5,338 | 20.4 | 65% |
| 2019 | 218,290 | 173,693 | 44,597 | 25.8 | 64% |
| 2020 | 208,985 | 184,884 | 24,101 | 25.8 | 66% |
| 2021 | 239,005 | 216,454 | 22,551 | 23.3 | 71% |
| 2022 | 258,416 | 228,037 | 30,379 | 22.9 | 70% |
| 2023 | 278,201 | 239,037 | 39,164 | 23.3 | 69% |
In its most recent public year (2023), this organization brought in $39,164 more than it spent. Its reserves stood at about 23.3 months of spending. Staff pay was 69% 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
Maryland Economic Development Association 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