everyledgerAn index of 679,731 U.S. nonprofits · computed from public IRS filings · current through 2024

Southeast Kentucky Economic Development Corporation Inc

Somerset, KY / EIN 61-1097619 / Form 990 / latest filing 2024
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
20121,967,5281,565,856401,672164.010%
20131,986,8231,639,033347,790159.239%
20141,166,3971,581,456−415,059161.932%
20151,060,2001,642,852−582,652151.632%
20161,893,0471,655,593237,454152.136%
20172,077,7501,861,198216,552136.729%
20181,794,2491,715,11679,133148.932%
20191,655,4611,717,896−62,435148.236%
20202,793,9652,563,888230,077100.425%
20213,649,0422,282,1181,366,924120.030%
20223,726,3462,381,7661,344,580121.726%
20232,403,2231,994,387408,836147.938%
20242,561,2512,247,390313,861132.936%

In its most recent public year (2024), this organization brought in $313,861 more than it spent. Its reserves stood at about 132.9 months of spending, down from 164 in 2012. Staff pay was 36% 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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