Mercer County Area Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 54,657 | 16,198 | 38,459 | 28.5 | — |
| 2022 | 130,059 | 30,778 | 99,281 | 53.7 | — |
| 2023 | 38,275 | 38,685 | −410 | 42.6 | — |
In its most recent public year (2023), this organization spent $410 more than it brought in. Its reserves stood at about 42.6 months of spending, up from 28.5 in 2021.
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
Mercer County Area 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