everyledgerAn index of 679,731 U.S. nonprofits · computed from public IRS filings · current through 2024

Rutherford County Economic Development Association

Forest City, NC / EIN 81-5406671 / Form 990 / latest filing 2024
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
2018315,280169,900145,38010.368%
2019295,688174,332121,35618.467%
2020201,94739,317162,630131.00%
2021156,33876,46679,87279.90%
2022131,03729,896101,141245.00%
202375,30232,65642,646240.00%
2024126,87528,87897,997312.10%

In its most recent public year (2024), this organization brought in $97,997 more than it spent. Its reserves stood at about 312.1 months of spending, up from 10.3 in 2018. Staff pay was 0% 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 2024. 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

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