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

The Center For Kentucky Rural Economic Development Inc

Somerset, KY / EIN 61-1291304 / Form 990 / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
20106,408,9436,748,564−339,62138.033%
20116,597,4467,125,236−527,79035.134%
20126,625,9037,050,396−424,49334.837%
20135,651,1616,357,822−706,66137.334%
20144,646,2285,636,039−989,81139.935%
20155,587,5936,425,249−837,65633.431%
20168,150,3288,759,646−609,31823.722%
20177,140,8967,629,799−488,90326.623%
20186,504,6716,931,238−426,56728.525%
20196,866,5547,234,788−368,23426.725%
202037,022,3287,444,64129,577,68773.621%
202110,723,7056,153,6164,570,08998.024%
20227,680,8906,901,640779,25088.721%
20238,257,2139,002,610−745,39767.018%

In its most recent public year (2023), this organization spent $745,397 more than it brought in. Its reserves stood at about 67 months of spending, up from 38 in 2010. Staff pay was 18% 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

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