Belmont Arthur Avenue Local Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,912,242 | 1,870,000 | 42,242 | 6.2 | 63% |
| 2012 | 2,390,291 | 1,977,169 | 413,122 | 6.6 | 60% |
| 2013 | 2,133,134 | 1,950,230 | 182,904 | 7.8 | 61% |
| 2014 | 1,989,748 | 1,932,647 | 57,101 | 8.3 | 62% |
| 2015 | 2,273,310 | 1,916,244 | 357,066 | 10.6 | 0% |
| 2016 | 3,469,174 | 2,004,434 | 1,464,740 | 18.9 | 0% |
| 2017 | 2,459,378 | 1,834,849 | 624,529 | 24.7 | 68% |
| 2018 | 2,267,900 | 1,820,777 | 447,123 | 27.8 | 67% |
| 2019 | 2,608,364 | 1,779,151 | 829,213 | 34.1 | 67% |
| 2020 | 2,351,691 | 1,862,802 | 488,889 | 35.7 | 68% |
| 2021 | 2,454,521 | 1,789,215 | 665,306 | 41.6 | 67% |
| 2022 | 2,415,760 | 1,742,553 | 673,207 | 47.4 | 68% |
| 2023 | 1,526,733 | 1,875,231 | −348,498 | 41.8 | 68% |
In its most recent public year (2023), this organization spent $348,498 more than it brought in. Its reserves stood at about 41.8 months of spending, up from 6.2 in 2011. Staff pay was 68% 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 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
Belmont Arthur Avenue Local Development Corporation's IRS filings as a feed — one entry per filing year, through 2023. 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