North Carolina Economic Development Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 391,066 | 450,812 | −59,746 | 3.6 | 0% |
| 2012 | 384,187 | 400,975 | −16,788 | 3.5 | 0% |
| 2013 | 363,226 | 404,331 | −41,105 | 2.3 | 0% |
| 2014 | 343,529 | 323,507 | 20,022 | 3.6 | 0% |
| 2015 | 397,036 | 415,559 | −18,523 | 2.2 | 0% |
| 2016 | 519,490 | 453,497 | 65,993 | 3.8 | 0% |
| 2017 | 529,077 | 565,456 | −36,379 | 2.3 | 0% |
| 2018 | 623,182 | 501,515 | 121,667 | 5.5 | 0% |
| 2020 | 514,407 | 490,299 | 24,108 | 10.4 | 0% |
| 2021 | 532,597 | 543,346 | −10,749 | 9.1 | 0% |
| 2022 | 1,000,858 | 858,736 | 142,122 | 7.8 | 0% |
| 2023 | 993,326 | 914,258 | 79,068 | 8.3 | 0% |
In its most recent public year (2023), this organization brought in $79,068 more than it spent. Its reserves stood at about 8.3 months of spending, up from 3.6 in 2011. Staff pay was 0% 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
North Carolina Economic Development Association'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