Economic Development Professionals Association Of South Dakota
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 240,250 | 83,291 | 156,959 | 36.2 | 58% |
| 2022 | 37,950 | 159,335 | −121,385 | 9.6 | 37% |
| 2023 | 236,950 | 148,280 | 88,670 | 17.5 | 1% |
In its most recent public year (2023), this organization brought in $88,670 more than it spent. Its reserves stood at about 17.5 months of spending, down from 36.2 in 2021. Staff pay was 1% 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
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