Wayne County Economic Development Authority
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 162,827 | 151,897 | 10,930 | 77.9 | 49% |
| 2012 | 155,754 | 238,606 | −82,852 | 45.4 | 37% |
| 2013 | 193,580 | 183,967 | 9,613 | 59.5 | 52% |
| 2014 | 191,564 | 181,006 | 10,558 | 61.2 | 54% |
| 2015 | 164,136 | 222,201 | −58,065 | 47.1 | 44% |
| 2016 | 195,716 | 200,163 | −4,447 | 52.1 | 48% |
| 2017 | −101,125 | 364,180 | −465,305 | 13.3 | 29% |
| 2018 | 162,430 | 245,985 | −83,555 | 15.6 | 39% |
| 2019 | 57,593 | 128,677 | −71,084 | 23.2 | 63% |
| 2020 | 41,134 | 92,418 | −51,284 | 25.6 | 54% |
| 2021 | 105,265 | 100,636 | 4,629 | 24.1 | 2% |
| 2022 | 285,938 | 58,478 | 227,460 | 88.1 | 0% |
| 2023 | 25,551 | 35,138 | −9,587 | 139.4 | 0% |
In its most recent public year (2023), this organization spent $9,587 more than it brought in. Its reserves stood at about 139.4 months of spending, up from 77.9 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 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
Wayne County Economic Development Authority'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