Morehouse Economic Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 76,841 | 58,348 | 18,493 | 30.2 | — |
| 2012 | 89,925 | 63,047 | 26,878 | 33.0 | — |
| 2013 | 63,705 | 58,831 | 4,874 | 36.5 | 59% |
| 2014 | 87,835 | 67,115 | 20,720 | 35.7 | 56% |
| 2015 | 82,492 | 92,798 | −10,306 | 22.4 | 41% |
| 2016 | 71,834 | 68,473 | 3,361 | 31.0 | 55% |
| 2017 | 52,295 | 62,650 | −10,355 | 31.9 | 60% |
| 2018 | 64,499 | 58,488 | 6,011 | 35.1 | 65% |
| 2019 | 57,098 | 62,985 | −5,887 | 31.5 | 60% |
| 2020 | 46,739 | 58,207 | −11,468 | 31.7 | — |
| 2021 | 59,418 | 51,400 | 8,018 | 37.7 | — |
| 2022 | 59,815 | 57,542 | 2,273 | 34.2 | — |
| 2023 | 77,422 | 65,753 | 11,669 | 32.0 | — |
In its most recent public year (2023), this organization brought in $11,669 more than it spent. Its reserves stood at about 32 months of spending, up from 30.2 in 2011.
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
Morehouse 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