Bellows Falls Area Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 78,568 | 120,161 | −41,593 | 0.9 | — |
| 2019 | 600,728 | 103,177 | 497,551 | 59.0 | 0% |
| 2020 | 38,872 | 34,430 | 4,442 | 178.2 | 0% |
| 2021 | 2,615 | 7,662 | −5,047 | 793.1 | 0% |
| 2022 | 0 | 7,002 | −7,002 | 855.8 | 0% |
| 2023 | 0 | 5,980 | −5,980 | 990.1 | 0% |
In its most recent public year (2023), this organization spent $5,980 more than it brought in. Its reserves stood at about 990.1 months of spending, up from 0.9 in 2018. 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
Bellows Falls Area 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