Mid-Atlantic Broadband Communities Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 5,015,712 | 3,999,167 | 1,016,545 | 14.9 | 25% |
| 2012 | 6,315,097 | 5,440,006 | 875,091 | 12.0 | 24% |
| 2013 | 12,806,321 | 10,559,663 | 2,246,658 | 74.7 | 15% |
| 2014 | 8,761,095 | 11,149,802 | −2,388,707 | 68.2 | 14% |
| 2015 | 10,127,486 | 11,903,549 | −1,776,063 | 62.1 | 13% |
| 2016 | 10,787,076 | 12,433,114 | −1,646,038 | 57.9 | 13% |
| 2017 | 14,182,159 | 15,697,469 | −1,515,310 | 44.7 | 12% |
| 2018 | 13,423,956 | 15,216,513 | −1,792,557 | 44.7 | 16% |
| 2019 | 13,448,533 | 16,254,397 | −2,805,864 | 39.8 | 16% |
| 2020 | 13,896,975 | 15,602,705 | −1,705,730 | 40.1 | 15% |
| 2021 | 16,736,682 | 16,820,656 | −83,974 | 37.1 | 16% |
| 2022 | 16,699,414 | 17,743,792 | −1,044,378 | 34.5 | 20% |
| 2023 | 17,476,892 | 18,034,342 | −557,450 | 33.6 | 16% |
In its most recent public year (2023), this organization spent $557,450 more than it brought in. Its reserves stood at about 33.6 months of spending, up from 14.9 in 2011. Staff pay was 16% of spending. $19,897,967 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
Mid-Atlantic Broadband Communities 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