Rutherford County Economic Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 145,508 | 0 | 145,508 | — | — |
| 2019 | 57,600 | 0 | 57,600 | — | — |
| 2020 | 72,000 | 9,924 | 62,076 | 320.7 | — |
| 2021 | 97,000 | 4,139 | 92,861 | 1038.1 | — |
| 2022 | 332,403 | 5,433 | 326,970 | 1513.0 | 0% |
| 2023 | 2,526 | 79,855 | −77,329 | 91.3 | 0% |
| 2024 | 2,721 | 9,097 | −6,376 | 793.2 | 0% |
In its most recent public year (2024), this organization spent $6,376 more than it brought in. Its reserves stood at about 793.2 months of spending. 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
Rutherford County Economic Development Corporation's IRS filings as a feed — one entry per filing year, through 2024. 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