Business Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 630,517 | 589,084 | 41,433 | 57.5 | 45% |
| 2012 | 640,994 | 342,667 | 298,327 | 112.5 | 81% |
| 2013 | 749,766 | 613,972 | 135,794 | 68.7 | 48% |
| 2014 | 808,462 | 629,371 | 179,091 | 70.2 | 53% |
| 2015 | 1,167,021 | 847,644 | 319,377 | 53.9 | 41% |
| 2016 | 620,846 | 603,228 | 17,618 | 76.5 | 58% |
| 2017 | 693,386 | 755,817 | −62,431 | 61.9 | 46% |
| 2018 | 763,667 | 561,886 | 201,781 | 84.4 | 62% |
| 2019 | 664,581 | 517,072 | 147,509 | 99.5 | 58% |
| 2020 | 952,041 | 576,261 | 375,780 | 97.2 | 62% |
| 2021 | 872,254 | 611,577 | 260,677 | 99.0 | 62% |
| 2022 | 816,472 | 699,236 | 117,236 | 81.7 | 51% |
| 2023 | 887,630 | 620,367 | 267,263 | 103.2 | 58% |
In its most recent public year (2023), this organization brought in $267,263 more than it spent. Its reserves stood at about 103.2 months of spending, up from 57.5 in 2011. Staff pay was 58% 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
Business 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