Prestonsburg Economic Development Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | −32,083 | 42,247 | −74,330 | 215.5 | 0% |
| 2012 | 16,272 | 18,874 | −2,602 | 480.7 | 0% |
| 2013 | 15,273 | 12,431 | 2,842 | 732.6 | 0% |
| 2014 | 16,536 | 14,600 | 1,936 | 625.3 | 0% |
| 2015 | 16,563 | 18,172 | −1,609 | 501.4 | 0% |
| 2016 | 13,722 | 36,151 | −22,429 | 244.6 | 0% |
| 2017 | 14,214 | 26,977 | −12,763 | 322.1 | 0% |
| 2018 | 14,160 | 30,357 | −16,197 | 279.8 | 0% |
| 2019 | 14,663 | 30,394 | −15,731 | 273.2 | 0% |
| 2020 | 24,602 | 20,701 | 3,901 | 403.5 | 0% |
| 2021 | 15,543 | 26,240 | −10,697 | 313.4 | 0% |
| 2022 | 17,297 | 26,060 | −8,763 | 311.5 | 0% |
| 2023 | 17,288 | 38,662 | −21,374 | 203.3 | 0% |
In its most recent public year (2023), this organization spent $21,374 more than it brought in. Its reserves stood at about 203.3 months of spending, down from 215.5 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
Prestonsburg Economic Development Foundation'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