Douglas-Cherokee Economic Authority Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 24,662,210 | 23,627,046 | 1,035,164 | 7.6 | 43% |
| 2021 | 27,779,644 | 27,203,657 | 575,987 | 6.9 | 37% |
| 2022 | 28,197,437 | 27,475,562 | 721,875 | 7.1 | 39% |
| 2023 | 30,366,317 | 30,592,995 | −226,678 | 6.3 | 37% |
In its most recent public year (2023), this organization spent $226,678 more than it brought in. Its reserves stood at about 6.3 months of spending, down from 7.6 in 2020. Staff pay was 37% 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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