Broad Avenue Community And Economic Development Corp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 7,757 | 5,706 | 2,051 | 30.0 | — |
| 2012 | 13,369 | 4,972 | 8,397 | 54.7 | — |
| 2013 | 14,070 | 11,763 | 2,307 | 2.4 | — |
| 2014 | 16,146 | 10,913 | 5,233 | 8.3 | — |
| 2015 | 22,897 | 11,309 | 11,588 | 20.3 | — |
| 2016 | 29,704 | 30,993 | −1,289 | 11.5 | — |
| 2017 | 147,129 | 91,520 | 55,609 | 9.4 | — |
| 2021 | 432,061 | 430,231 | 1,830 | 5.9 | 0% |
| 2022 | 14,103 | 9,158 | 4,945 | 284.7 | — |
| 2023 | 30,899 | 15,552 | 15,347 | 179.5 | — |
In its most recent public year (2023), this organization brought in $15,347 more than it spent. Its reserves stood at about 179.5 months of spending, up from 30 in 2011.
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
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