Texas Economic Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,287,011 | 1,029,950 | 257,061 | 23.9 | 1% |
| 2012 | 1,293,421 | 1,250,056 | 43,365 | 20.1 | 0% |
| 2013 | 765,896 | 1,192,660 | −426,764 | 15.1 | 4% |
| 2014 | 1,384,338 | 1,843,855 | −459,517 | 6.8 | 8% |
| 2015 | 2,410,951 | 1,988,020 | 422,931 | 8.8 | 31% |
| 2016 | 2,004,658 | 2,229,046 | −224,388 | 6.7 | 29% |
| 2017 | 3,676,747 | 2,830,448 | 846,299 | 8.8 | 44% |
| 2018 | 3,468,071 | 2,195,135 | 1,272,936 | 18.3 | 50% |
| 2019 | 4,166,661 | 2,801,670 | 1,364,991 | 20.2 | 41% |
| 2020 | 3,149,563 | 2,353,939 | 795,624 | 28.1 | 47% |
| 2021 | 3,364,971 | 2,418,556 | 946,415 | 32.1 | 57% |
| 2022 | 3,628,909 | 3,740,053 | −111,144 | 20.4 | 49% |
| 2023 | 5,923,992 | 3,085,195 | 2,838,797 | 35.6 | 42% |
In its most recent public year (2023), this organization brought in $2,838,797 more than it spent. Its reserves stood at about 35.6 months of spending, up from 23.9 in 2011. Staff pay was 42% 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
Texas Economic Development Corporation'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