South Brooklyn Local Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 33,734 | 26,024 | 7,710 | 8.5 | — |
| 2012 | 28,915 | 27,872 | 1,043 | 8.4 | — |
| 2013 | 30,721 | 28,921 | 1,800 | 9.3 | — |
| 2014 | 32,037 | 32,552 | −515 | 7.6 | — |
| 2015 | 26,128 | 41,565 | −15,437 | 1.5 | — |
| 2018 | 14,523 | 15,122 | −599 | 2.0 | — |
| 2019 | 8,973 | 7,253 | 1,720 | 6.9 | — |
| 2020 | 7,400 | 8,585 | −1,185 | 4.2 | — |
| 2021 | 0 | 988 | −988 | 24.6 | — |
In its most recent public year (2021), this organization spent $988 more than it brought in. Its reserves stood at about 24.6 months of spending, up from 8.5 in 2011.
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 2021. 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
South Brooklyn Local Development Corporation's IRS filings as a feed — one entry per filing year, through 2021. 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