Bit Community Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 164,434 | 185,086 | −20,652 | -1.2 | — |
| 2012 | 62,082 | 94,752 | −32,670 | -6.5 | — |
| 2013 | 27,098 | 45,087 | −17,989 | -18.4 | — |
| 2014 | 1,381 | 31,470 | −30,089 | -37.8 | — |
| 2015 | 13,307 | 29,165 | −15,858 | -47.4 | — |
| 2019 | 63,738 | 56,516 | 7,222 | -26.2 | — |
| 2020 | 326,985 | 215,264 | 111,721 | -0.7 | 39% |
| 2021 | 453,577 | 399,318 | 54,259 | 1.3 | 35% |
| 2023 | 145,151 | 251,299 | −106,148 | 2.3 | 52% |
In its most recent public year (2023), this organization spent $106,148 more than it brought in. Its reserves stood at about 2.3 months of spending, up from -1.2 in 2011. Staff pay was 52% 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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