Yadkin Valley Economic Development District Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 11,069,281 | 10,755,546 | 313,735 | 4.5 | 44% |
| 2012 | 11,852,881 | 11,312,266 | 540,615 | 4.8 | 43% |
| 2013 | 11,205,329 | 11,295,042 | −89,713 | 4.7 | 42% |
| 2014 | 11,884,642 | 12,291,568 | −406,926 | 4.0 | 40% |
| 2015 | 10,676,511 | 12,027,542 | −1,351,031 | 2.9 | 41% |
| 2016 | 12,476,881 | 12,227,121 | 249,760 | 3.5 | 36% |
| 2017 | 12,144,675 | 12,486,751 | −342,076 | 3.4 | 36% |
| 2018 | 12,136,640 | 12,518,870 | −382,230 | 3.4 | 37% |
| 2019 | 11,718,575 | 12,284,537 | −565,962 | 3.2 | 38% |
| 2020 | 11,466,152 | 11,823,037 | −356,885 | 3.6 | 39% |
| 2021 | 11,787,897 | 10,851,841 | 936,056 | 5.3 | 38% |
| 2022 | 13,860,054 | 14,320,540 | −460,486 | 3.6 | 40% |
| 2023 | 15,305,531 | 15,036,632 | 268,899 | 3.7 | 31% |
In its most recent public year (2023), this organization brought in $268,899 more than it spent. Its reserves stood at about 3.7 months of spending. Staff pay was 31% of spending. $2,274,965 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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