Giddings Economic Development
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 463,221 | 249,915 | 213,306 | 58.0 | 24% |
| 2012 | 595,127 | 253,815 | 341,312 | 73.3 | 21% |
| 2013 | 622,749 | 416,988 | 205,761 | 50.5 | 6% |
| 2014 | 687,870 | 168,750 | 519,120 | 161.7 | 0% |
| 2015 | 567,295 | 372,163 | 195,132 | 79.6 | 14% |
| 2016 | 622,231 | 321,117 | 301,114 | 103.5 | 28% |
| 2017 | 611,212 | 429,839 | 181,373 | 82.4 | 13% |
| 2018 | 661,297 | 710,205 | −48,908 | 49.1 | 13% |
| 2021 | 696,133 | 427,122 | 269,011 | 111.8 | 24% |
| 2022 | 704,225 | 444,984 | 259,241 | 114.3 | 18% |
| 2023 | 987,363 | 799,998 | 187,365 | 68.0 | 13% |
In its most recent public year (2023), this organization brought in $187,365 more than it spent. Its reserves stood at about 68 months of spending, up from 58 in 2011. Staff pay was 13% of spending. $1,919,165 of its net assets are donor-restricted.
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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works