Greenville Local Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 111,026 | 39,718 | 71,308 | 866.0 | 0% |
| 2012 | 110,362 | 22,871 | 87,491 | 1549.7 | 0% |
| 2013 | 128,682 | 227,653 | −98,971 | 150.5 | 0% |
| 2014 | 110,241 | 177,574 | −67,333 | 188.4 | 0% |
| 2015 | 192,817 | 286,624 | −93,807 | 112.8 | 0% |
| 2016 | 219,391 | 20,913 | 198,478 | 1659.5 | 0% |
| 2017 | 689,495 | 71,699 | 617,796 | 612.5 | 0% |
| 2018 | 94,323 | 74,540 | 19,783 | 774.8 | 0% |
| 2019 | 938,754 | 342,455 | 596,299 | 189.5 | 0% |
| 2020 | 578,011 | 329,379 | 248,632 | 206.1 | 0% |
| 2021 | 414,171 | 235,120 | 179,051 | 297.9 | 0% |
| 2022 | 3,040,133 | 172,412 | 2,867,721 | 605.8 | 0% |
| 2023 | 255,894 | 258,963 | −3,069 | 403.2 | 0% |
In its most recent public year (2023), this organization spent $3,069 more than it brought in. Its reserves stood at about 403.2 months of spending, down from 866 in 2011. Staff pay was 0% of spending. $2,572,639 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
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