Local First For Business
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 252,295 | 279,124 | −26,829 | 0.4 | 52% |
| 2013 | 347,791 | 342,635 | 5,156 | 0.5 | 44% |
| 2014 | 499,440 | 452,261 | 47,179 | 1.6 | 37% |
| 2015 | 537,929 | 536,696 | 1,233 | 1.4 | 40% |
| 2016 | 600,772 | 554,396 | 46,376 | 2.3 | 45% |
| 2017 | 659,103 | 803,255 | −144,152 | 0.1 | 54% |
| 2018 | 906,572 | 857,189 | 49,383 | 0.8 | 54% |
| 2019 | 689,002 | 738,016 | −49,014 | -0.7 | 55% |
| 2020 | 639,079 | 704,452 | −65,373 | -1.8 | 64% |
| 2021 | 825,385 | 613,331 | 212,054 | 2.1 | 0% |
| 2022 | 559,690 | 484,251 | 75,439 | 4.6 | 0% |
| 2023 | 296,623 | 497,433 | −200,810 | -0.4 | 0% |
In its most recent public year (2023), this organization spent $200,810 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-0.4 months). Staff pay was 0% 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
Local First For Business'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