Economic Development Asso Of Alabama
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 538,383 | 480,329 | 58,054 | 8.1 | 36% |
| 2012 | 493,379 | 541,944 | −48,565 | 6.1 | 36% |
| 2013 | 626,115 | 490,078 | 136,037 | 10.6 | 25% |
| 2014 | 549,383 | 620,673 | −71,290 | 7.0 | 31% |
| 2015 | 661,729 | 647,049 | 14,680 | 7.0 | 30% |
| 2016 | 750,135 | 637,187 | 112,948 | 9.2 | 32% |
| 2017 | 667,796 | 757,490 | −89,694 | 6.3 | 24% |
| 2018 | 801,767 | 783,468 | 18,299 | 6.4 | 24% |
| 2019 | 991,052 | 727,253 | 263,799 | 11.2 | 27% |
| 2020 | 938,483 | 882,402 | 56,081 | 5.1 | 23% |
| 2021 | 631,006 | 688,122 | −57,116 | 5.6 | 30% |
| 2022 | 1,007,717 | 887,426 | 120,291 | 5.9 | 26% |
| 2023 | 1,151,069 | 1,084,633 | 66,436 | 5.6 | 23% |
In its most recent public year (2023), this organization brought in $66,436 more than it spent. Its reserves stood at about 5.6 months of spending, down from 8.1 in 2011. Staff pay was 23% 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
Economic Development Asso Of Alabama'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