Bedford Area Economic Development Corp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 292,162 | 232,086 | 60,076 | 5.0 | 5% |
| 2012 | 112,449 | 124,427 | −11,978 | 8.1 | — |
| 2013 | 137,675 | 134,679 | 2,996 | 7.7 | — |
| 2014 | 132,056 | 117,210 | 14,846 | 8.6 | — |
| 2015 | 52,983 | 47,695 | 5,288 | 22.3 | — |
| 2016 | 47,578 | 45,261 | 2,317 | 24.2 | — |
| 2017 | 46,157 | 44,552 | 1,605 | 25.0 | — |
| 2018 | 47,917 | 36,560 | 11,357 | 34.2 | — |
| 2019 | 47,244 | 27,277 | 19,967 | 54.6 | — |
| 2020 | 44,326 | 49,493 | −5,167 | 28.8 | — |
| 2021 | 46,336 | 60,941 | −14,605 | 20.5 | — |
| 2022 | 65,334 | 76,355 | −11,021 | 14.7 | — |
| 2023 | 66,146 | 62,381 | 3,765 | 18.7 | — |
In its most recent public year (2023), this organization brought in $3,765 more than it spent. Its reserves stood at about 18.7 months of spending, up from 5 in 2011.
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
Bedford Area Economic Development Corp'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