Lincoln County Economic Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 167,172 | 170,549 | −3,377 | 6.1 | 32% |
| 2013 | 156,743 | 156,321 | 422 | 6.7 | 41% |
| 2014 | 105,229 | 110,642 | −5,413 | 8.9 | 65% |
| 2015 | 106,455 | 125,540 | −19,085 | 6.0 | 76% |
| 2016 | 124,301 | 120,445 | 3,856 | 6.6 | — |
| 2017 | 192,674 | 169,191 | 23,483 | 6.4 | — |
| 2018 | 138,087 | 130,076 | 8,011 | 9.1 | — |
| 2019 | 178,803 | 169,940 | 8,863 | 7.5 | — |
| 2020 | 199,948 | 116,205 | 83,743 | 19.7 | — |
| 2021 | 105,485 | 147,478 | −41,993 | 12.1 | — |
| 2022 | 91,195 | 152,347 | −61,152 | 6.9 | — |
| 2023 | 1,160,682 | 303,008 | 857,674 | 37.4 | 71% |
In its most recent public year (2023), this organization brought in $857,674 more than it spent. Its reserves stood at about 37.4 months of spending, up from 6.1 in 2012. Staff pay was 71% 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
Lincoln County 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