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

Davidson County Economic Development Commission

Lexington, NC / EIN 56-1556790 / Form 990 / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
2012418,663438,081−19,41817.950%
20132,395,716390,0242,005,69283.965%
2014376,196430,273−54,07772.761%
2015425,4001,334,350−908,95015.318%
2016383,246366,51616,73056.171%
2017376,032731,042−355,01022.349%
2018484,042396,33187,71143.857%
2019390,462533,440−142,97829.343%
2020375,432385,693−10,26140.266%
2021430,827347,55483,27329.576%
2022374,386409,951−35,56524.066%
2023386,453407,933−21,48023.515%

In its most recent public year (2023), this organization spent $21,480 more than it brought in. Its reserves stood at about 23.5 months of spending, up from 17.9 in 2012. Staff pay was 15% 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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