Albuquerque Economic Development Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,446,996 | 1,396,714 | 50,282 | 0.3 | 52% |
| 2012 | 1,310,428 | 1,437,315 | −126,887 | -0.8 | 50% |
| 2013 | 1,600,256 | 1,498,809 | 101,447 | 0.1 | 47% |
| 2014 | 1,446,500 | 1,464,924 | −18,424 | -0.1 | 49% |
| 2015 | 1,762,995 | 1,781,621 | −18,626 | -0.2 | 47% |
| 2016 | 5,400,191 | 1,679,011 | 3,721,180 | 26.4 | 50% |
| 2017 | 1,439,041 | 1,613,380 | −174,339 | 28.6 | 49% |
| 2018 | 1,654,827 | 1,835,997 | −181,170 | 21.1 | 48% |
| 2019 | 1,633,837 | 1,735,838 | −102,001 | 23.3 | 50% |
| 2020 | 1,376,761 | 1,509,603 | −132,842 | 27.4 | 54% |
| 2021 | 2,101,015 | 1,853,839 | 247,176 | 25.1 | 47% |
| 2022 | 1,639,266 | 1,875,350 | −236,084 | 19.2 | 45% |
| 2023 | 1,955,317 | 1,975,799 | −20,482 | 20.1 | 52% |
In its most recent public year (2023), this organization spent $20,482 more than it brought in. Its reserves stood at about 20.1 months of spending, up from 0.3 in 2011. Staff pay was 52% of spending. $109,000 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
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