Middle Peninsula Economic Development Resource Organization
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 299,596 | 277,682 | 21,914 | 1.7 | 0% |
| 2013 | 99,582 | 38,998 | 60,584 | 30.8 | — |
| 2014 | 383,408 | 379,521 | 3,887 | 3.3 | 0% |
| 2015 | 439,825 | 466,204 | −26,379 | 2.0 | 0% |
| 2016 | 40,150 | 39,838 | 312 | 23.5 | 0% |
| 2017 | 75,698 | 85,187 | −9,489 | 9.7 | 0% |
| 2018 | 242,450 | 231,384 | 11,066 | 4.1 | 0% |
| 2019 | 87,094 | 82,718 | 4,376 | 12.2 | 0% |
| 2020 | 286,822 | 188,087 | 98,735 | 9.3 | 0% |
| 2021 | 12,500 | 111,236 | −98,736 | 5.1 | 0% |
| 2022 | 20,253 | 23,657 | −3,404 | 22.2 | 0% |
| 2023 | 0 | 13,875 | −13,875 | 25.9 | 0% |
| 2024 | 0 | 39,702 | −39,702 | -3.0 | 0% |
In its most recent public year (2024), this organization spent $39,702 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-3 months), down from 1.7 in 2012. 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
Middle Peninsula Economic Development Resource Organization's IRS filings as a feed — one entry per filing year, through 2024. 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