Fayette County Local Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 685,715 | 554,010 | 131,705 | 26.6 | 0% |
| 2012 | 435,343 | 480,925 | −45,582 | 29.5 | 0% |
| 2013 | 660,344 | 581,302 | 79,042 | 26.1 | 0% |
| 2014 | 473,068 | 513,789 | −40,721 | 28.5 | 0% |
| 2015 | 580,381 | 571,192 | 9,189 | 25.9 | 0% |
| 2016 | 508,141 | 512,491 | −4,350 | 28.7 | 0% |
| 2017 | 561,292 | 580,881 | −19,589 | 24.9 | 0% |
| 2018 | 546,749 | 596,341 | −49,592 | 23.3 | 0% |
| 2019 | 549,430 | 566,329 | −16,899 | 24.2 | 0% |
| 2020 | 569,518 | 608,604 | −39,086 | 21.7 | 0% |
| 2021 | 649,620 | 685,827 | −36,207 | 20.7 | 0% |
| 2022 | 654,818 | 611,823 | 42,995 | 24.1 | 0% |
| 2023 | 670,898 | 692,306 | −21,408 | 20.9 | 0% |
In its most recent public year (2023), this organization spent $21,408 more than it brought in. Its reserves stood at about 20.9 months of spending, down from 26.6 in 2011. 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 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
Fayette County Local 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