Olean Business Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 0 | 0 | 0 | — | — |
| 2014 | 45,361 | 38,550 | 6,811 | 2.1 | — |
| 2015 | 191,598 | 81,654 | 109,944 | 17.9 | — |
| 2016 | 777,177 | 257,117 | 520,060 | 29.9 | 0% |
| 2017 | 569,162 | 307,583 | 261,579 | 35.2 | 0% |
| 2018 | 287,654 | 296,400 | −8,746 | 36.2 | 0% |
| 2019 | 377,947 | 396,087 | −18,140 | 26.5 | 0% |
| 2020 | 608,955 | 219,272 | 389,683 | 69.2 | 0% |
| 2021 | 499,620 | 341,386 | 158,234 | 50.0 | 0% |
| 2022 | 709,773 | 815,835 | −106,062 | 19.1 | 19% |
| 2023 | 925,080 | 834,237 | 90,843 | 20.0 | 32% |
In its most recent public year (2023), this organization brought in $90,843 more than it spent. Its reserves stood at about 20 months of spending. Staff pay was 32% 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works