Bridge Street Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,128,781 | 1,197,956 | −69,175 | 11.8 | 44% |
| 2012 | 1,335,506 | 1,291,766 | 43,740 | 11.5 | 47% |
| 2013 | 1,502,461 | 1,446,963 | 55,498 | 10.8 | 56% |
| 2014 | 1,459,178 | 1,471,834 | −12,656 | 10.7 | 60% |
| 2015 | 1,639,938 | 1,633,290 | 6,648 | 9.7 | 59% |
| 2016 | 1,383,436 | 1,364,831 | 18,605 | 11.9 | 60% |
| 2017 | 1,539,529 | 1,424,811 | 114,718 | 12.4 | 60% |
| 2018 | 1,960,605 | 1,402,597 | 558,008 | 17.3 | 59% |
| 2019 | 1,557,567 | 1,548,574 | 8,993 | 15.8 | 60% |
| 2020 | 1,418,867 | 1,464,008 | −45,141 | 16.3 | 65% |
| 2021 | 1,804,289 | 2,078,619 | −274,330 | 10.0 | 51% |
| 2022 | 2,763,736 | 2,636,980 | 126,756 | 8.4 | 56% |
| 2023 | 4,532,842 | 4,602,910 | −70,068 | 4.6 | 66% |
In its most recent public year (2023), this organization spent $70,068 more than it brought in. Its reserves stood at about 4.6 months of spending, down from 11.8 in 2011. Staff pay was 66% of spending. $43,700 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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