Arizona Regional Economic Development Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 638,442 | 493,942 | 144,500 | 130.5 | 22% |
| 2012 | 654,925 | 518,791 | 136,134 | 127.7 | 24% |
| 2013 | 688,406 | 542,266 | 146,140 | 125.4 | 23% |
| 2014 | 824,427 | 632,605 | 191,822 | 112.0 | 20% |
| 2015 | 634,546 | 578,676 | 55,870 | 121.9 | 22% |
| 2016 | 658,549 | 637,316 | 21,233 | 111.2 | 21% |
| 2017 | 664,684 | 697,848 | −33,164 | 101.7 | 23% |
| 2018 | 646,894 | 652,431 | −5,537 | 108.4 | 25% |
| 2019 | 711,292 | 816,041 | −104,749 | 85.8 | 22% |
| 2020 | 744,368 | 906,829 | −162,461 | 75.4 | 21% |
| 2021 | 722,991 | 652,671 | 70,320 | 107.5 | 26% |
| 2022 | 808,902 | 812,265 | −3,363 | 81.1 | 23% |
| 2023 | 690,328 | 1,042,913 | −352,585 | 60.4 | 23% |
In its most recent public year (2023), this organization spent $352,585 more than it brought in. Its reserves stood at about 60.4 months of spending, down from 130.5 in 2011. 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
Arizona Regional Economic Development Foundation'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