Southern Economic Development Council Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 672,254 | 580,533 | 91,721 | 3.0 | 28% |
| 2012 | 650,264 | 583,018 | 67,246 | 4.5 | 29% |
| 2013 | 578,281 | 557,025 | 21,256 | 5.2 | 32% |
| 2014 | 700,294 | 682,268 | 18,026 | 4.5 | 27% |
| 2015 | 664,846 | 654,130 | 10,716 | 4.9 | 29% |
| 2016 | 737,236 | 724,258 | 12,978 | 4.7 | 28% |
| 2017 | 686,568 | 701,723 | −15,155 | 4.6 | 31% |
| 2018 | 683,479 | 679,089 | 4,390 | 4.8 | 33% |
| 2019 | 664,304 | 759,967 | −95,663 | 2.8 | 31% |
| 2020 | 467,145 | 429,982 | 37,163 | 5.9 | 51% |
| 2021 | 721,605 | 641,491 | 80,114 | 5.5 | 32% |
| 2022 | 654,083 | 619,836 | 34,247 | 6.3 | 35% |
| 2023 | 904,536 | 874,859 | 29,677 | 4.9 | 26% |
In its most recent public year (2023), this organization brought in $29,677 more than it spent. Its reserves stood at about 4.9 months of spending, up from 3 in 2011. Staff pay was 26% 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
Southern Economic Development Council 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