Phillips County Economic Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 45,791 | 42,169 | 3,622 | 12.0 | — |
| 2012 | 48,606 | 40,520 | 8,086 | 14.9 | — |
| 2013 | 46,197 | 30,741 | 15,456 | 25.6 | — |
| 2014 | 64,651 | 78,731 | −14,080 | 7.8 | — |
| 2015 | 116,053 | 47,507 | 68,546 | 30.3 | — |
| 2016 | 48,633 | 65,017 | −16,384 | 19.1 | — |
| 2017 | 63,960 | 82,671 | −18,711 | 12.3 | — |
| 2018 | 49,888 | 46,110 | 3,778 | 23.1 | — |
| 2019 | 56,839 | 53,439 | 3,400 | 20.7 | — |
| 2020 | 91,602 | 85,602 | 6,000 | 13.7 | — |
| 2021 | 66,924 | 75,762 | −8,838 | 14.1 | — |
| 2022 | 95,952 | 83,340 | 12,612 | 14.7 | — |
| 2023 | 67,230 | 65,297 | 1,933 | 19.1 | — |
In its most recent public year (2023), this organization brought in $1,933 more than it spent. Its reserves stood at about 19.1 months of spending, up from 12 in 2011.
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
Phillips County 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