Birmingham Regional Empowerment And Development Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 537,571 | 550,172 | −12,601 | 1.4 | 53% |
| 2011 | 482,146 | 529,976 | −47,830 | 0.3 | 51% |
| 2012 | 595,881 | 592,676 | 3,205 | 0.3 | 50% |
| 2013 | 606,471 | 590,470 | 16,001 | 1.3 | 51% |
| 2014 | 634,168 | 594,071 | 40,097 | 2.3 | 51% |
| 2015 | 713,522 | 712,467 | 1,055 | 1.9 | 57% |
| 2016 | 788,667 | 728,266 | 60,401 | 2.9 | 54% |
| 2017 | 954,530 | 811,364 | 143,166 | 4.7 | 53% |
| 2018 | 943,106 | 871,083 | 72,023 | 5.4 | 53% |
| 2019 | 930,409 | 899,174 | 31,235 | 5.5 | 54% |
| 2020 | 439,570 | 505,925 | −66,355 | 8.2 | 54% |
In its most recent public year (2020), this organization spent $66,355 more than it brought in. Its reserves stood at about 8.2 months of spending, up from 1.4 in 2010. Staff pay was 54% 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 2020. 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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