Southwest Brooklyn Industrial Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 939,403 | 877,611 | 61,792 | 5.6 | 43% |
| 2012 | 655,479 | 775,282 | −119,803 | 4.5 | 52% |
| 2013 | 826,876 | 775,125 | 51,751 | 5.3 | 49% |
| 2014 | 732,369 | 778,793 | −46,424 | 4.5 | 53% |
| 2015 | 696,387 | 721,811 | −25,424 | 4.5 | 57% |
| 2016 | 904,117 | 924,927 | −20,810 | 3.2 | 55% |
| 2017 | 1,447,525 | 1,433,783 | 13,742 | 2.2 | 50% |
| 2018 | 1,298,027 | 1,484,504 | −186,477 | 0.6 | 52% |
| 2019 | 1,514,170 | 1,379,709 | 134,461 | 1.8 | 46% |
| 2020 | 58,415 | 79,932 | −21,517 | 41.4 | 50% |
| 2021 | 1,175,336 | 1,113,967 | 61,369 | 3.6 | 52% |
| 2022 | 1,197,769 | 1,056,970 | 140,799 | 5.4 | 51% |
| 2023 | 1,111,462 | 1,038,905 | 72,557 | 6.4 | 50% |
In its most recent public year (2023), this organization brought in $72,557 more than it spent. Its reserves stood at about 6.4 months of spending. Staff pay was 50% of spending. $50,000 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
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