Long Island Business Development Council Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 70,848 | 67,152 | 3,696 | 7.0 | — |
| 2012 | 79,650 | 76,474 | 3,176 | 6.7 | — |
| 2013 | 107,760 | 85,545 | 22,215 | 9.1 | — |
| 2014 | 93,959 | 87,960 | 5,999 | 9.7 | — |
| 2015 | 110,155 | 99,672 | 10,483 | 9.8 | — |
| 2016 | 104,081 | 108,402 | −4,321 | 8.5 | — |
| 2017 | 111,708 | 117,866 | −6,158 | 7.2 | — |
| 2018 | 139,685 | 140,748 | −1,063 | 9.8 | — |
| 2019 | 121,626 | 118,972 | 2,654 | 11.8 | — |
| 2020 | 41,175 | 39,793 | 1,382 | 35.6 | — |
| 2021 | 98,229 | 73,558 | 24,671 | 23.3 | — |
| 2022 | 129,933 | 71,903 | 58,030 | 33.5 | — |
| 2023 | 139,381 | 137,969 | 1,412 | 17.5 | — |
In its most recent public year (2023), this organization brought in $1,412 more than it spent. Its reserves stood at about 17.5 months of spending, up from 7 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 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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