Selma And Dallas County Economic Development Authority
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 417,127 | 368,685 | 48,442 | 16.4 | 51% |
| 2011 | 357,324 | 357,309 | 15 | 17.7 | 54% |
| 2012 | 373,669 | 323,950 | 49,719 | 21.5 | 57% |
| 2013 | 361,624 | 354,156 | 7,468 | 20.1 | 55% |
| 2014 | 335,254 | 304,989 | 30,265 | 23.9 | 65% |
| 2015 | 339,245 | 421,115 | −81,870 | 14.7 | 46% |
| 2016 | 364,337 | 332,187 | 32,150 | 19.3 | 59% |
| 2017 | 356,808 | 336,105 | 20,703 | 19.8 | 58% |
| 2018 | 343,320 | 318,583 | 24,737 | 21.8 | 60% |
| 2019 | 316,221 | 306,947 | 9,274 | 23.0 | 63% |
| 2020 | 354,438 | 309,260 | 45,178 | 24.1 | 62% |
| 2021 | 341,953 | 372,459 | −30,506 | 19.1 | 53% |
| 2022 | 329,148 | 327,893 | 1,255 | 21.7 | 63% |
| 2023 | 310,861 | 313,880 | −3,019 | 22.4 | 63% |
In its most recent public year (2023), this organization spent $3,019 more than it brought in. Its reserves stood at about 22.4 months of spending, up from 16.4 in 2010. Staff pay was 63% 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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