Lake Martin Area Economic Development Alliance Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 247,207 | 292,533 | −45,326 | 1.2 | 29% |
| 2012 | 253,476 | 258,175 | −4,699 | 1.2 | 33% |
| 2013 | 298,399 | 286,796 | 11,603 | 1.6 | 30% |
| 2014 | 313,307 | 271,883 | 41,424 | 3.5 | 68% |
| 2015 | 243,227 | 269,537 | −26,310 | 2.3 | 69% |
| 2016 | 319,451 | 331,328 | −11,877 | 1.5 | 64% |
| 2017 | 293,009 | 278,981 | 14,028 | 2.3 | 59% |
| 2018 | 318,165 | 332,118 | −13,953 | 1.5 | 72% |
| 2019 | 266,210 | 262,685 | 3,525 | 2.0 | 70% |
| 2020 | 300,672 | 208,382 | 92,290 | 7.9 | 47% |
| 2021 | 307,411 | 352,779 | −45,368 | 3.1 | 62% |
| 2022 | 285,661 | 254,119 | 31,542 | 5.8 | 64% |
| 2023 | 304,925 | 331,220 | −26,295 | 3.5 | 66% |
In its most recent public year (2023), this organization spent $26,295 more than it brought in. Its reserves stood at about 3.5 months of spending, up from 1.2 in 2011. Staff pay was 66% 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
Lake Martin Area Economic Development Alliance Inc'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