Bloomfield-Garfield Corp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,452,422 | 1,137,731 | 314,691 | 9.1 | 44% |
| 2021 | 2,025,372 | 1,845,874 | 179,498 | 6.8 | 3% |
| 2022 | 1,718,907 | 1,602,315 | 116,592 | 8.7 | 47% |
| 2023 | 2,182,639 | 1,867,938 | 314,701 | 9.5 | 42% |
In its most recent public year (2023), this organization brought in $314,701 more than it spent. Its reserves stood at about 9.5 months of spending. Staff pay was 42% of spending. $979,846 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
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