Bloomfield Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 119,923 | 127,334 | −7,411 | -0.4 | — |
| 2012 | 103,097 | 111,900 | −8,803 | -1.4 | — |
| 2013 | 99,276 | 110,289 | −11,013 | -2.6 | — |
| 2014 | 76,851 | 165,964 | −89,113 | 1.8 | — |
| 2015 | 186,890 | 140,312 | 46,578 | 6.1 | — |
| 2016 | 169,107 | 166,367 | 2,740 | 5.4 | — |
| 2017 | 127,620 | 123,561 | 4,059 | 5.3 | — |
| 2018 | 112,040 | 120,224 | −8,184 | 4.6 | — |
| 2019 | 175,595 | 142,292 | 33,303 | 6.7 | — |
| 2020 | 338,545 | 312,901 | 25,644 | 4.0 | 41% |
| 2021 | 184,358 | 310,752 | −126,394 | -0.8 | — |
| 2022 | 163,996 | 296,659 | −132,663 | -6.2 | — |
| 2023 | 275,921 | 246,547 | 29,374 | -6.1 | 78% |
In its most recent public year (2023), this organization brought in $29,374 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-6.1 months), down from -0.4 in 2011. Staff pay was 78% of spending. $4,500 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 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
Bloomfield Development Corporation'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