Morgan County Economic Development Board Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 287,585 | 197,122 | 90,463 | 90.2 | 0% |
| 2012 | 243,932 | 246,355 | −2,423 | 72.1 | 29% |
| 2013 | 236,063 | 168,433 | 67,630 | 110.3 | 22% |
| 2014 | 343,572 | 268,419 | 75,153 | 72.5 | 16% |
| 2015 | 509,602 | 667,446 | −157,844 | 26.3 | 8% |
| 2016 | 1,446,869 | 1,310,303 | 136,566 | 14.7 | 3% |
| 2017 | 448,381 | 194,916 | 253,465 | 115.3 | 24% |
| 2018 | 1,476,311 | 253,539 | 1,222,772 | 146.5 | 20% |
| 2019 | 745,756 | 643,399 | 102,357 | 68.0 | 9% |
| 2020 | 1,024,367 | 620,376 | 403,991 | 74.9 | 11% |
| 2021 | 1,060,602 | 646,397 | 414,205 | 79.6 | 11% |
| 2022 | 676,763 | 636,350 | 40,413 | 81.6 | 12% |
| 2023 | 492,179 | 329,872 | 162,307 | 163.3 | 22% |
In its most recent public year (2023), this organization brought in $162,307 more than it spent. Its reserves stood at about 163.3 months of spending, up from 90.2 in 2011. Staff pay was 22% 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
Morgan County Economic Development Board Inc'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