Central Brooklyn Economic Development Corporation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 122,724 | 122,724 | 0 | 0.0 | 59% |
| 2011 | 165,142 | 165,142 | 0 | 0.0 | — |
| 2012 | 172,366 | 172,366 | 0 | 0.0 | — |
| 2013 | 154,745 | 154,745 | 0 | 0.0 | — |
| 2014 | 176,691 | 176,691 | 0 | 0.0 | — |
| 2015 | 118,524 | 118,524 | 0 | 0.0 | — |
| 2016 | 283,597 | 283,597 | 0 | 0.0 | 54% |
| 2017 | 422,498 | 422,498 | 0 | 0.0 | 46% |
| 2018 | 261,272 | 282,304 | −21,032 | -0.2 | 62% |
| 2022 | 681,354 | 667,956 | 13,398 | 1.0 | 49% |
In its most recent public year (2022), this organization brought in $13,398 more than it spent. Its reserves stood at about 1 months of spending. Staff pay was 49% 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 2022. 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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