Northeast Connecticut Economic Alliance Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 76,796 | 91,741 | −14,945 | 17.0 | 62% |
| 2012 | 96,188 | 123,988 | −27,800 | 9.9 | 57% |
| 2013 | 322,750 | 134,284 | 188,466 | 25.4 | 53% |
| 2014 | 299,851 | 89,710 | 210,141 | 66.2 | 62% |
| 2015 | 93,610 | 62,828 | 30,782 | 100.3 | 46% |
| 2016 | 58,069 | 53,911 | 4,158 | 117.9 | 57% |
| 2017 | 57,539 | 102,042 | −44,503 | 57.0 | 32% |
| 2018 | 52,123 | 105,536 | −53,413 | 49.1 | 32% |
| 2019 | 36,800 | 76,874 | −40,074 | 61.1 | 43% |
| 2020 | 22,914 | 59,626 | −36,712 | 71.4 | 44% |
| 2021 | 19,887 | 41,817 | −21,930 | 95.5 | 63% |
| 2022 | 14,600 | 39,470 | −24,870 | 93.7 | 62% |
| 2023 | 16,384 | 40,194 | −23,810 | 84.9 | 63% |
| 2024 | 22,639 | 34,918 | −12,279 | 93.5 | 47% |
In its most recent public year (2024), this organization spent $12,279 more than it brought in. Its reserves stood at about 93.5 months of spending, up from 17 in 2011. Staff pay was 47% 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
Northeast Connecticut Economic Alliance Inc's IRS filings as a feed — one entry per filing year, through 2024. 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