Pace Economic Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 229,461 | 269,649 | −40,188 | -48.0 | 4% |
| 2012 | 231,187 | 242,768 | −11,581 | -53.9 | 6% |
| 2013 | 247,642 | 199,322 | 48,320 | -63.9 | 6% |
| 2014 | 253,974 | 263,159 | −9,185 | -48.8 | 6% |
| 2015 | 255,877 | 262,563 | −6,686 | -43.9 | 0% |
| 2016 | 260,162 | 236,801 | 23,361 | -47.5 | 0% |
| 2017 | 258,989 | 205,524 | 53,465 | -51.6 | 0% |
| 2018 | 257,914 | 233,260 | 24,654 | -44.2 | 0% |
| 2019 | 308,713 | 231,860 | 76,853 | -40.5 | 0% |
| 2020 | 284,401 | 258,162 | 26,239 | -35.1 | 0% |
| 2021 | 286,910 | 235,791 | 51,119 | -35.9 | 0% |
| 2022 | 292,104 | 253,968 | 38,136 | -31.5 | 0% |
| 2023 | 300,249 | 253,482 | 46,767 | -29.3 | 0% |
In its most recent public year (2023), this organization brought in $46,767 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-29.3 months), up from -48 in 2011. Staff pay was 0% 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
Pace 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