Bedford Research Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 518,931 | 399,556 | 119,375 | 11.7 | 35% |
| 2011 | 516,968 | 482,345 | 34,623 | 10.6 | 44% |
| 2012 | 425,230 | 521,058 | −95,828 | 8.1 | 41% |
| 2013 | 478,690 | 545,798 | −67,108 | 7.8 | 41% |
| 2014 | 666,578 | 626,620 | 39,958 | 7.5 | 34% |
| 2015 | 703,921 | 612,130 | 91,791 | 8.9 | 35% |
| 2016 | 622,291 | 527,311 | 94,980 | 13.2 | 40% |
| 2017 | 785,208 | 674,450 | 110,758 | 12.6 | 41% |
| 2018 | 1,017,445 | 777,884 | 239,561 | 13.6 | 43% |
| 2019 | 886,932 | 787,763 | 99,169 | 16.4 | 46% |
| 2020 | 1,906,272 | 1,124,584 | 781,688 | 20.0 | 38% |
| 2021 | 3,260,708 | 920,649 | 2,340,059 | 58.3 | 51% |
| 2022 | 768,642 | 957,166 | −188,524 | 47.7 | 56% |
| 2023 | 739,773 | 962,610 | −222,837 | 47.7 | 51% |
In its most recent public year (2023), this organization spent $222,837 more than it brought in. Its reserves stood at about 47.7 months of spending, up from 11.7 in 2010. Staff pay was 51% of spending. $24,000 of its net assets are donor-restricted.
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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