Bedford County Development Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 327,493 | 368,530 | −41,037 | 280.1 | 41% |
| 2012 | 1,345,309 | 348,857 | 996,452 | 330.2 | 44% |
| 2013 | 95,201 | 269,051 | −173,850 | 420.4 | 56% |
| 2014 | 159,233 | 286,403 | −127,170 | 389.6 | 52% |
| 2015 | 157,520 | 270,795 | −113,275 | 407.1 | 57% |
| 2016 | 180,384 | 286,375 | −105,991 | 380.5 | 56% |
| 2017 | 214,812 | 294,090 | −79,278 | 367.3 | 55% |
| 2018 | 240,881 | 362,417 | −121,536 | 294.0 | 50% |
| 2019 | 470,721 | 422,536 | 48,185 | 251.5 | 26% |
| 2020 | 266,142 | 448,394 | −182,252 | 232.2 | 51% |
| 2021 | 559,420 | 448,421 | 110,999 | 235.1 | 50% |
| 2022 | −773,212 | 477,167 | −1,250,379 | 189.5 | 64% |
| 2023 | 4,167,470 | 635,738 | 3,531,732 | 195.4 | 49% |
In its most recent public year (2023), this organization brought in $3,531,732 more than it spent. Its reserves stood at about 195.4 months of spending, down from 280.1 in 2011. Staff pay was 49% 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
Bedford County Development Association'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