Beaver Island Community Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 76,858 | 55,376 | 21,482 | 10.2 | 3% |
| 2012 | 92,602 | 97,191 | −4,589 | 5.2 | 14% |
| 2013 | 39,645 | 96,533 | −56,888 | -1.8 | 16% |
| 2014 | 65,122 | 89,024 | −23,902 | -5.2 | 14% |
| 2015 | 59,292 | 89,451 | −30,159 | -9.2 | 10% |
| 2016 | 55,320 | 79,612 | −24,292 | -14.0 | 0% |
| 2017 | 57,015 | 103,661 | −46,646 | -16.1 | 0% |
| 2018 | 55,182 | 83,194 | −28,012 | -24.1 | 0% |
| 2019 | 55,805 | 97,606 | −41,801 | -25.7 | 0% |
| 2020 | 46,698 | 76,988 | −30,290 | -37.3 | 0% |
| 2021 | 48,753 | 82,031 | −33,278 | -39.9 | 0% |
| 2022 | 48,943 | 75,010 | −26,067 | -47.8 | 0% |
| 2023 | 49,905 | 77,325 | −27,420 | -50.6 | 0% |
In its most recent public year (2023), this organization spent $27,420 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-50.6 months), down from 10.2 in 2011. Staff pay was 0% 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
Beaver Island Community 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