Morgan County Economic Development Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 371,866 | 284,781 | 87,085 | 47.7 | 37% |
| 2012 | 368,752 | 282,208 | 86,544 | 51.8 | 39% |
| 2013 | 364,185 | 301,433 | 62,752 | 51.0 | 40% |
| 2014 | 375,676 | 262,204 | 113,472 | 63.8 | 39% |
| 2015 | 375,371 | 312,565 | 62,806 | 55.9 | 40% |
| 2016 | 374,786 | 269,045 | 105,741 | 69.7 | 43% |
| 2017 | 377,021 | 330,434 | 46,587 | 58.4 | 39% |
| 2018 | 351,877 | 309,998 | 41,879 | 63.9 | 42% |
| 2019 | 398,749 | 276,270 | 122,479 | 77.0 | 43% |
| 2020 | 409,829 | 270,349 | 139,480 | 84.9 | 46% |
| 2021 | 395,859 | 273,811 | 122,048 | 89.2 | 47% |
| 2022 | 382,417 | 300,911 | 81,506 | 84.4 | 43% |
| 2023 | 448,217 | 346,336 | 101,881 | 76.9 | 41% |
In its most recent public year (2023), this organization brought in $101,881 more than it spent. Its reserves stood at about 76.9 months of spending, up from 47.7 in 2011. Staff pay was 41% 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
Morgan County Economic Development Association'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