Block Island Economic Development Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 11,790 | 28,178 | −16,388 | 151.8 | 21% |
| 2015 | 14,848 | 27,815 | −12,967 | 148.2 | 30% |
| 2016 | 6,234 | 34,314 | −28,080 | 110.3 | 15% |
| 2017 | 48,670 | 52,730 | −4,060 | 70.8 | 18% |
| 2018 | 47,635 | 63,875 | −16,240 | 55.4 | 16% |
| 2019 | 42,781 | 58,877 | −16,096 | 56.9 | 22% |
| 2020 | 45,408 | 47,565 | −2,157 | 69.8 | 19% |
| 2021 | 44,775 | 59,573 | −14,798 | 52.8 | 11% |
| 2022 | 51,020 | 65,849 | −14,829 | 45.0 | 14% |
| 2023 | 59,462 | 69,367 | −9,905 | 41.0 | 17% |
In its most recent public year (2023), this organization spent $9,905 more than it brought in. Its reserves stood at about 41 months of spending, down from 151.8 in 2014. Staff pay was 17% 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
Block Island Economic Development Foundation Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works