Rowan Economic Development Council
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 487,830 | 521,351 | −33,521 | 10.5 | 42% |
| 2012 | 420,232 | 450,901 | −30,669 | 11.3 | 48% |
| 2013 | 531,491 | 472,586 | 58,905 | 12.3 | 48% |
| 2014 | 514,400 | 567,977 | −53,577 | 9.1 | 44% |
| 2015 | 765,654 | 615,851 | 149,803 | 11.3 | 42% |
| 2016 | 596,753 | 602,834 | −6,081 | 11.4 | 43% |
| 2017 | 637,654 | 689,890 | −52,236 | 9.1 | 42% |
| 2018 | 790,851 | 790,094 | 757 | 7.9 | 50% |
| 2019 | 935,305 | 881,687 | 53,618 | 7.8 | 48% |
| 2020 | 885,306 | 1,123,917 | −238,611 | 3.6 | 38% |
| 2021 | 615,272 | 490,899 | 124,373 | 11.8 | 52% |
| 2022 | 1,162,948 | 1,053,416 | 109,532 | 6.7 | 48% |
| 2023 | 1,182,628 | 1,106,231 | 76,397 | 7.3 | 51% |
In its most recent public year (2023), this organization brought in $76,397 more than it spent. Its reserves stood at about 7.3 months of spending, down from 10.5 in 2011. Staff pay was 51% of spending. $64,184 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
Rowan Economic Development Council'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