New York City Business Assistance Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 711,194 | 787,278 | −76,084 | 27.1 | 10% |
| 2012 | 59,975 | 387,581 | −327,606 | 45.2 | 0% |
| 2013 | 3,017,424 | 1,815,376 | 1,202,048 | 17.6 | 7% |
| 2014 | 2,586,053 | 2,494,108 | 91,945 | 13.3 | 6% |
| 2015 | 1,251,804 | 1,402,044 | −150,240 | 22.3 | 8% |
| 2016 | 1,880,914 | 1,141,899 | 739,015 | 35.2 | 3% |
| 2017 | 211,463 | 1,229,025 | −1,017,562 | 22.7 | 5% |
| 2018 | 818,510 | 637,400 | 181,110 | 47.3 | 8% |
| 2019 | 1,374,828 | 697,974 | 676,854 | 54.8 | 0% |
| 2020 | 1,192,619 | 556,613 | 636,006 | 82.4 | 0% |
| 2021 | 553,123 | 640,565 | −87,442 | 69.5 | 0% |
| 2022 | 275,878 | 342,907 | −67,029 | 127.5 | 0% |
| 2023 | 1,512 | 664,577 | −663,065 | 53.8 | 0% |
| 2024 | 1,800 | 20,446 | −18,646 | 1737.9 | 0% |
In its most recent public year (2024), this organization spent $18,646 more than it brought in. Its reserves stood at about 1737.9 months of spending, up from 27.1 in 2011. Staff pay was 0% of spending. $2,742,672 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 2024. 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
New York City Business Assistance Corporation's IRS filings as a feed — one entry per filing year, through 2024. 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