Greater New Bedford Workforce Investment Board Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 4,135,575 | 4,187,271 | −51,696 | 1.4 | 10% |
| 2013 | 3,599,472 | 3,700,902 | −101,430 | 1.3 | 12% |
| 2014 | 3,640,166 | 3,681,747 | −41,581 | 1.1 | 11% |
| 2015 | 4,328,666 | 4,402,473 | −73,807 | 0.7 | 12% |
| 2016 | 3,455,037 | 3,473,027 | −17,990 | 0.9 | 12% |
| 2017 | 3,643,020 | 3,660,887 | −17,867 | 0.8 | 9% |
| 2018 | 3,175,613 | 3,189,887 | −14,274 | 0.8 | 11% |
| 2019 | 3,223,933 | 3,188,738 | 35,195 | 1.0 | 10% |
| 2020 | 3,242,120 | 3,216,964 | 25,156 | 1.1 | 12% |
| 2021 | 3,887,016 | 3,635,404 | 251,612 | 1.8 | 16% |
| 2022 | 4,498,189 | 4,446,625 | 51,564 | 1.6 | 19% |
| 2023 | 5,548,783 | 5,616,875 | −68,092 | 1.1 | 13% |
In its most recent public year (2023), this organization spent $68,092 more than it brought in. Its reserves stood at about 1.1 months of spending. Staff pay was 13% 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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