Morehead-Rowan County Ecomomic Development Council Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 174,949 | 198,365 | −23,416 | 7.3 | 49% |
| 2012 | 194,007 | 223,048 | −29,041 | 4.9 | 45% |
| 2013 | 208,787 | 204,171 | 4,616 | 5.6 | 46% |
| 2014 | 303,084 | 245,348 | 57,736 | 7.5 | 39% |
| 2015 | 1,396,421 | 331,572 | 1,064,849 | 44.1 | 25% |
| 2016 | 224,846 | 201,295 | 23,551 | 74.1 | 43% |
| 2017 | 182,574 | 198,775 | −16,201 | 74.0 | 55% |
| 2018 | 201,568 | 229,062 | −27,494 | 62.8 | 46% |
| 2019 | 221,468 | 219,518 | 1,950 | 65.8 | 47% |
| 2020 | 214,395 | 194,409 | 19,986 | 75.5 | 54% |
| 2021 | 1,239,206 | 149,931 | 1,089,275 | 185.1 | 36% |
| 2022 | 187,909 | 121,690 | 66,219 | 234.6 | 38% |
In its most recent public year (2022), this organization brought in $66,219 more than it spent. Its reserves stood at about 234.6 months of spending, up from 7.3 in 2011. Staff pay was 38% 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 2022. 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
Morehead-Rowan County Ecomomic Development Council Inc's IRS filings as a feed — one entry per filing year, through 2022. 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