Land Of Lincoln Economic Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 1,286,102 | 651,163 | 634,939 | 11.7 | 28% |
| 2019 | 1,419,053 | 555,748 | 863,305 | 32.4 | 41% |
| 2020 | 1,407,603 | 901,294 | 506,309 | 26.7 | 41% |
| 2021 | 1,412,439 | 1,114,979 | 297,460 | 24.8 | 33% |
| 2022 | 1,565,148 | 1,742,108 | −176,960 | 14.6 | 28% |
| 2023 | 1,500,237 | 1,802,974 | −302,737 | 12.1 | 28% |
In its most recent public year (2023), this organization spent $302,737 more than it brought in. Its reserves stood at about 12.1 months of spending. Staff pay was 28% of spending. $42,500 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
Land Of Lincoln 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