East Athens Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 178,038 | 335,698 | −157,660 | 6.5 | 0% |
| 2021 | 782,469 | 618,352 | 164,117 | 6.7 | 0% |
| 2022 | 322,382 | 274,799 | 47,583 | 18.2 | 0% |
| 2023 | 279,894 | 335,400 | −55,506 | 13.0 | 0% |
| 2024 | 301,962 | 321,324 | −19,362 | 12.8 | 0% |
In its most recent public year (2024), this organization spent $19,362 more than it brought in. Its reserves stood at about 12.8 months of spending, up from 6.5 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 2024. 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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