Areawide Business Council Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 350,809 | 98,755 | 252,054 | 607.1 | 0% |
| 2020 | 4,180,248 | 117,285 | 4,062,963 | 926.9 | 0% |
| 2021 | 138,908 | 126,621 | 12,287 | 859.7 | 0% |
| 2022 | 251,437 | 102,930 | 148,507 | 1074.9 | 1% |
| 2023 | 331,782 | 191,837 | 139,945 | 585.5 | 0% |
In its most recent public year (2023), this organization brought in $139,945 more than it spent. Its reserves stood at about 585.5 months of spending, down from 607.1 in 2019. 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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