Montrose Economic Development Council Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 232,133 | 221,356 | 10,777 | 8.5 | 59% |
| 2012 | 197,739 | 214,984 | −17,245 | 8.8 | 61% |
| 2013 | 175,779 | 206,718 | −30,939 | 7.6 | — |
| 2014 | 543,286 | 199,033 | 344,253 | 28.8 | 62% |
| 2015 | 188,567 | 225,433 | −36,866 | 23.4 | 54% |
| 2016 | 131,344 | 260,939 | −129,595 | 14.3 | 52% |
| 2017 | 146,907 | 235,623 | −88,716 | 11.4 | 56% |
| 2018 | 154,047 | 205,782 | −51,735 | 9.8 | — |
| 2019 | 143,351 | 221,699 | −78,348 | 5.0 | — |
| 2020 | 137,820 | 191,645 | −53,825 | 1.9 | — |
| 2021 | 375,991 | 213,008 | 162,983 | 22.9 | 59% |
| 2022 | 139,991 | 212,880 | −72,889 | 18.8 | 59% |
| 2023 | 163,624 | 217,910 | −54,286 | 15.4 | 60% |
In its most recent public year (2023), this organization spent $54,286 more than it brought in. Its reserves stood at about 15.4 months of spending, up from 8.5 in 2011. Staff pay was 60% 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
Montrose Economic Development Council 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