North Carolinas Eastern Economic Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 97,410 | 189,917 | −92,507 | -0.2 | — |
| 2012 | 133,020 | 89,948 | 43,072 | 5.3 | — |
| 2013 | 35,928 | 40,443 | −4,515 | 18.4 | — |
| 2014 | 4 | 0 | 4 | — | — |
| 2015 | 500,002 | 62,136 | 437,866 | 96.6 | 0% |
| 2016 | 305,231 | 573,320 | −268,089 | 4.9 | 0% |
| 2017 | 241,263 | 299,259 | −57,996 | 7.0 | 0% |
| 2018 | 290,587 | 213,358 | 77,229 | 14.1 | 0% |
| 2019 | 228,071 | 246,319 | −18,248 | 11.3 | 0% |
| 2020 | 156,162 | 149,734 | 6,428 | 19.2 | 0% |
| 2021 | 278,392 | 363,536 | −85,144 | 5.1 | 26% |
| 2022 | 812,466 | 768,302 | 44,164 | 3.1 | 28% |
| 2023 | 2,617,071 | 861,118 | 1,755,953 | 27.2 | 21% |
In its most recent public year (2023), this organization brought in $1,755,953 more than it spent. Its reserves stood at about 27.2 months of spending, up from -0.2 in 2011. Staff pay was 21% of spending. $1,586,318 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
North Carolinas Eastern Economic Development Corporation'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