Broadway Improvement Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 120,246 | 94,356 | 25,890 | 4.6 | — |
| 2021 | 120,398 | 92,579 | 27,819 | 8.3 | — |
| 2022 | 121,306 | 110,513 | 10,793 | 8.1 | — |
In its most recent public year (2022), this organization brought in $10,793 more than it spent. Its reserves stood at about 8.1 months of spending, up from 4.6 in 2020.
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 2022. 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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