Gainesville Economic Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,295,782 | 1,022,670 | 273,112 | 42.0 | 14% |
| 2012 | 1,782,539 | 1,423,864 | 358,675 | 33.2 | 11% |
| 2013 | 1,475,313 | 1,492,798 | −17,485 | 31.5 | 11% |
| 2014 | 1,712,253 | 1,439,488 | 272,765 | 34.9 | 11% |
| 2015 | 1,455,805 | 1,380,497 | 75,308 | 36.3 | 10% |
| 2016 | 1,776,287 | 1,553,190 | 223,097 | 34.0 | 10% |
| 2017 | 1,400,737 | 801,933 | 598,804 | 74.7 | 19% |
| 2018 | 1,756,926 | 1,079,461 | 677,465 | 62.9 | 15% |
| 2019 | 1,765,240 | 2,509,109 | −743,869 | 23.5 | 7% |
| 2020 | 1,568,129 | 911,870 | 656,259 | 73.3 | 14% |
| 2021 | 1,357,421 | 631,543 | 725,878 | 119.7 | 20% |
| 2022 | 1,913,813 | 668,181 | 1,245,632 | 135.5 | 34% |
| 2023 | 2,728,953 | 1,013,691 | 1,715,262 | 109.6 | 25% |
In its most recent public year (2023), this organization brought in $1,715,262 more than it spent. Its reserves stood at about 109.6 months of spending, up from 42 in 2011. Staff pay was 25% 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
Gainesville 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