Greater New Bedford Industrial Foundation Deltast
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 237,218 | 358,815 | −121,597 | 74.6 | 33% |
| 2012 | 177,914 | 339,105 | −161,191 | 73.2 | 34% |
| 2013 | 118,980 | 281,584 | −162,604 | 81.2 | 36% |
| 2014 | 185,251 | 480,096 | −294,845 | 35.8 | 23% |
| 2015 | 78,551 | 393,214 | −314,663 | 34.2 | 23% |
| 2016 | 77,011 | 239,691 | −162,680 | 47.9 | 14% |
| 2017 | 80,793 | 144,994 | −64,201 | 74.0 | 0% |
| 2018 | −34,566 | 129,823 | −164,389 | 67.5 | 0% |
| 2019 | 84,340 | 136,164 | −51,824 | 59.8 | 0% |
| 2020 | 95,367 | 189,832 | −94,465 | 36.9 | 0% |
| 2021 | 85,873 | 160,050 | −74,177 | 38.2 | 0% |
| 2022 | 294,457 | 190,358 | 104,099 | 38.7 | 0% |
| 2023 | 401,269 | 295,444 | 105,825 | 29.2 | 0% |
In its most recent public year (2023), this organization brought in $105,825 more than it spent. Its reserves stood at about 29.2 months of spending, down from 74.6 in 2011. 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
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