Georgia Economic Development Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 716,656 | 575,209 | 141,447 | 11.6 | 0% |
| 2021 | 173,644 | 75,574 | 98,070 | 103.5 | 0% |
| 2022 | 222,811 | 441,311 | −218,500 | 11.8 | 0% |
| 2023 | 236,191 | 536,980 | −300,789 | 3.0 | 0% |
In its most recent public year (2023), this organization spent $300,789 more than it brought in. Its reserves stood at about 3 months of spending, down from 11.6 in 2020. 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
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