Economic Development Alliance Of Skagit County Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 56,319 | 67,085 | −10,766 | 11.4 | — |
| 2011 | 61,989 | 65,683 | −3,694 | 11.0 | — |
| 2012 | 84,485 | 71,620 | 12,865 | 12.2 | — |
| 2013 | 58,289 | 62,080 | −3,791 | 13.0 | — |
| 2014 | 80,603 | 72,675 | 7,928 | 12.4 | — |
| 2015 | 75,847 | 77,429 | −1,582 | 11.4 | — |
| 2016 | 72,404 | 77,006 | −4,602 | 10.8 | — |
| 2017 | 109,496 | 109,309 | 187 | 7.6 | — |
| 2018 | 115,295 | 94,191 | 21,104 | 11.5 | — |
| 2019 | 110,583 | 108,367 | 2,216 | 10.2 | — |
| 2020 | 1,077,828 | 795,656 | 282,172 | 5.7 | 63% |
| 2021 | 1,000,539 | 852,402 | 148,137 | 7.4 | 60% |
| 2022 | 924,732 | 822,732 | 102,000 | 9.5 | 64% |
| 2023 | 1,274,475 | 1,310,566 | −36,091 | 5.6 | 53% |
In its most recent public year (2023), this organization spent $36,091 more than it brought in. Its reserves stood at about 5.6 months of spending, down from 11.4 in 2010. Staff pay was 53% of spending. $21,244 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
Economic Development Alliance Of Skagit County 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