Kentucky Association For Economic Development
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 1,216,587 | 403,369 | 813,218 | 25.5 | 35% |
| 2011 | 418,367 | 453,985 | −35,618 | 21.7 | 39% |
| 2012 | 455,397 | 483,079 | −27,682 | 23.3 | 19% |
| 2013 | 542,055 | 462,285 | 79,770 | 21.7 | 31% |
| 2014 | 655,649 | 551,239 | 104,410 | 20.5 | 27% |
| 2015 | 565,797 | 557,010 | 8,787 | 20.1 | 29% |
| 2016 | 699,888 | 615,875 | 84,013 | 20.1 | 28% |
| 2017 | 784,581 | 574,490 | 210,091 | 26.4 | 26% |
| 2018 | 435,699 | 548,492 | −112,793 | 24.3 | 27% |
| 2019 | 680,288 | 433,398 | 246,890 | 38.9 | 33% |
| 2020 | 379,913 | 232,995 | 146,918 | 81.1 | 40% |
| 2021 | 1,500,072 | 522,720 | 977,352 | 59.8 | 26% |
| 2022 | 1,883,550 | 1,190,069 | 693,481 | 32.5 | 11% |
| 2023 | 537,116 | 1,080,149 | −543,033 | 30.2 | 14% |
In its most recent public year (2023), this organization spent $543,033 more than it brought in. Its reserves stood at about 30.2 months of spending, up from 25.5 in 2010. Staff pay was 14% of spending. $2,003,593 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
Kentucky Association For Economic Development'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