everyledgerAn index of 679,731 U.S. nonprofits · computed from public IRS filings · current through 2024

Lincoln Economic Development Association

Lincolnton, NC / EIN 56-1188297 / Form 990 / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
2012794,476667,942126,53420.841%
2013732,662663,00169,66117.640%
2014718,852717,7991,05316.345%
2015811,377712,01399,36418.145%
2016834,526790,58543,94117.045%
2017754,760782,446−27,68616.746%
2018811,597826,817−15,22015.646%
2019800,551871,417−70,86613.845%
2020765,545866,181−100,63612.547%
2021831,995861,092−29,09712.249%
2022833,386872,356−38,97011.550%
2023829,669842,459−12,79011.752%

In its most recent public year (2023), this organization spent $12,790 more than it brought in. Its reserves stood at about 11.7 months of spending, down from 20.8 in 2012. Staff pay was 52% 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

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