Wiregrass Economic Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 222,535 | 214,314 | 8,221 | 23.8 | 52% |
| 2011 | 187,839 | 209,327 | −21,488 | 23.1 | 52% |
| 2012 | 189,526 | 185,961 | 3,565 | 26.3 | 45% |
| 2013 | 219,651 | 239,670 | −20,019 | 19.4 | 40% |
| 2014 | 285,508 | 248,102 | 37,406 | 20.3 | 44% |
| 2015 | 248,663 | 220,203 | 28,460 | 24.4 | 48% |
| 2016 | 325,664 | 205,567 | 120,097 | 33.1 | 38% |
| 2017 | 299,468 | 255,786 | 43,682 | 28.7 | 41% |
| 2018 | 505,041 | 327,991 | 177,050 | 28.8 | 38% |
| 2019 | 557,581 | 537,353 | 20,228 | 17.2 | 24% |
| 2020 | 512,644 | 403,131 | 109,513 | 26.1 | 32% |
| 2021 | 479,607 | 383,787 | 95,820 | 30.5 | 20% |
| 2022 | 445,491 | 423,414 | 22,077 | 28.2 | 31% |
| 2023 | 377,146 | 455,903 | −78,757 | 24.1 | 37% |
In its most recent public year (2023), this organization spent $78,757 more than it brought in. Its reserves stood at about 24.1 months of spending. 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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