The Ward Economic Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 647,985 | 808,043 | −160,058 | 48.5 | 0% |
| 2012 | 850,814 | 831,408 | 19,406 | 47.4 | 0% |
| 2013 | 766,251 | 708,754 | 57,497 | 56.6 | 0% |
| 2014 | 468,848 | 602,444 | −133,596 | 63.0 | 9% |
| 2015 | 438,149 | 588,449 | −150,300 | 61.4 | 11% |
| 2016 | 413,857 | 547,407 | −133,550 | 63.1 | 11% |
| 2017 | 515,793 | 578,457 | −62,664 | 58.4 | 11% |
| 2018 | 571,894 | 658,026 | −86,132 | 49.8 | 10% |
| 2019 | 1,215,670 | 860,700 | 354,970 | 43.0 | 12% |
| 2020 | 1,055,393 | 664,526 | 390,867 | 62.8 | 7% |
| 2021 | 646,213 | 613,991 | 32,222 | 61.3 | 14% |
| 2022 | 3,516,517 | 3,507,270 | 9,247 | 10.8 | 4% |
| 2023 | 2,103,934 | 2,126,887 | −22,953 | 17.6 | 7% |
In its most recent public year (2023), this organization spent $22,953 more than it brought in. Its reserves stood at about 17.6 months of spending, down from 48.5 in 2011. Staff pay was 7% 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
The Ward 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