Blue Ridge Business Development Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 81,292 | 75,949 | 5,343 | 26.0 | — |
| 2021 | 89,412 | 66,848 | 22,564 | 33.6 | — |
| 2022 | 87,782 | 86,802 | 980 | 26.0 | — |
| 2023 | 65,027 | 62,460 | 2,567 | 36.6 | — |
In its most recent public year (2023), this organization brought in $2,567 more than it spent. Its reserves stood at about 36.6 months of spending, up from 26 in 2020.
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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