Economic Development Properties Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 44,450 | 14,635 | 29,815 | 303.5 | — |
| 2012 | 40,470 | 20,634 | 19,836 | 226.8 | — |
| 2013 | 1,057,905 | 21,195 | 1,036,710 | 807.8 | 0% |
| 2014 | 54,029 | 41,498 | 12,531 | 416.2 | 0% |
| 2015 | 50,512 | 76,412 | −25,900 | 222.0 | 0% |
| 2016 | 43,299 | 58,747 | −15,448 | 285.5 | 0% |
| 2017 | 41,590 | 66,686 | −25,096 | 247.0 | 0% |
| 2018 | 41,353 | 73,577 | −32,224 | 218.6 | 0% |
| 2019 | 41,344 | 90,385 | −49,041 | 171.5 | 0% |
| 2020 | −1,097,455 | 61,767 | −1,159,222 | 25.7 | 0% |
| 2021 | 34,730 | 58,748 | −24,018 | 26.2 | 0% |
| 2022 | 32,275 | 44,319 | −12,044 | 31.5 | 0% |
| 2023 | 31,804 | 131,275 | −99,471 | 1.5 | 0% |
In its most recent public year (2023), this organization spent $99,471 more than it brought in. Its reserves stood at about 1.5 months of spending, down from 303.5 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
Economic Development Properties 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