Business Initiative Corporation Of New York
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 373,093 | 309,059 | 64,034 | -4.0 | 27% |
| 2012 | 430,402 | 345,771 | 84,631 | -0.7 | 23% |
| 2013 | 440,075 | 331,469 | 108,606 | 3.2 | 29% |
| 2014 | 512,236 | 361,418 | 150,818 | 8.0 | 24% |
| 2015 | 492,293 | 372,021 | 120,272 | 11.6 | 28% |
| 2016 | 406,169 | 341,336 | 64,833 | 15.0 | 33% |
| 2017 | 358,118 | 382,895 | −24,777 | 12.6 | 27% |
| 2018 | 361,713 | 355,266 | 6,447 | 13.9 | 30% |
| 2019 | 397,553 | 353,159 | 44,394 | 15.5 | 34% |
| 2020 | 359,248 | 314,109 | 45,139 | 19.2 | 39% |
| 2021 | 375,742 | 326,570 | 49,172 | 20.3 | 43% |
| 2022 | 593,520 | 560,772 | 32,748 | 12.5 | 29% |
| 2023 | 523,084 | 686,851 | −163,767 | 7.3 | 43% |
In its most recent public year (2023), this organization spent $163,767 more than it brought in. Its reserves stood at about 7.3 months of spending, up from -4 in 2011. Staff pay was 43% 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
Business Initiative Corporation Of New York'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