Improve Business Community Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 119,400 | 119,028 | 372 | 0.1 | 44% |
| 2020 | 500 | 18,938 | −18,438 | -11.7 | 0% |
| 2021 | 31,435 | 30,319 | 1,116 | -6.9 | 44% |
| 2022 | 25,447 | 25,139 | 308 | -8.1 | 48% |
| 2023 | 36,024 | 35,821 | 203 | -5.6 | 42% |
In its most recent public year (2023), this organization brought in $203 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-5.6 months), down from 0.1 in 2018. Staff pay was 42% 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
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