Fairbanks Economic Development Corporation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 644,874 | 637,683 | 7,191 | 3.3 | 53% |
| 2012 | 647,145 | 647,374 | −229 | 3.2 | 57% |
| 2013 | 655,790 | 627,240 | 28,550 | 3.8 | 61% |
| 2014 | 635,795 | 612,757 | 23,038 | 4.4 | 61% |
| 2015 | 608,006 | 549,527 | 58,479 | 6.2 | 60% |
| 2016 | 599,090 | 617,280 | −18,190 | 5.1 | 63% |
| 2017 | 599,431 | 609,110 | −9,679 | 5.0 | 64% |
| 2018 | 593,706 | 604,862 | −11,156 | 4.8 | 63% |
| 2019 | 612,504 | 644,477 | −31,973 | 3.9 | 60% |
| 2020 | 635,729 | 538,411 | 97,318 | 6.9 | 28% |
| 2021 | 650,297 | 566,296 | 84,001 | 8.3 | 65% |
| 2022 | 456,985 | 499,232 | −42,247 | 8.4 | 58% |
| 2023 | 703,108 | 570,905 | 132,203 | 10.1 | 53% |
In its most recent public year (2023), this organization brought in $132,203 more than it spent. Its reserves stood at about 10.1 months of spending, up from 3.3 in 2011. Staff pay was 53% 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
Fairbanks Economic Development Corporation Inc'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