Kodiak Economic Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 35,000 | 51,170 | −16,170 | 4.4 | — |
| 2022 | 299,742 | 247,948 | 51,794 | 3.4 | 0% |
| 2023 | 270,259 | 125,808 | 144,451 | 20.5 | 23% |
In its most recent public year (2023), this organization brought in $144,451 more than it spent. Its reserves stood at about 20.5 months of spending, up from 4.4 in 2021. Staff pay was 23% 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 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
Kodiak 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