Lynchburg Regional Business Alliance
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,755,232 | 1,709,383 | 45,849 | 2.9 | 42% |
| 2012 | 2,134,118 | 2,067,324 | 66,794 | 2.8 | 35% |
| 2013 | 2,342,302 | 2,362,135 | −19,833 | 2.4 | 40% |
| 2014 | 767,227 | 697,342 | 69,885 | 9.2 | 46% |
| 2015 | 788,839 | 730,813 | 58,026 | 9.7 | 43% |
| 2016 | 1,685,615 | 1,576,772 | 108,843 | 5.3 | 33% |
| 2017 | 2,781,305 | 1,477,744 | 1,303,561 | 16.3 | 37% |
| 2018 | 1,189,772 | 1,357,599 | −167,827 | 16.2 | 43% |
| 2019 | 1,291,137 | 1,560,495 | −269,358 | 12.0 | 41% |
| 2020 | 1,316,932 | 1,518,970 | −202,038 | 10.8 | 43% |
| 2021 | 1,572,490 | 1,541,177 | 31,313 | 10.9 | 41% |
| 2022 | 3,299,165 | 1,761,876 | 1,537,289 | 20.0 | 40% |
| 2023 | 2,511,574 | 2,041,302 | 470,272 | 20.0 | 32% |
In its most recent public year (2023), this organization brought in $470,272 more than it spent. Its reserves stood at about 20 months of spending, up from 2.9 in 2011. Staff pay was 32% of spending. $2,049,255 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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