everyledgerAn index of 679,731 U.S. nonprofits · computed from public IRS filings · current through 2024

Business Development Centre Inc

Lynchburg, VA / EIN 54-1598026 / Form 990 / latest filing 2024
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
2011354,302362,307−8,0058.557%
2012313,400325,171−11,7719.056%
2013311,966285,06326,90311.449%
2014261,878238,21323,66514.945%
2015261,083234,02927,05416.546%
2016261,129242,92818,20116.844%
2017276,543238,12038,42319.147%
2018219,686202,39217,29423.547%
2019253,300228,33024,97022.145%
2020308,858230,89677,96225.948%
2021310,257259,60350,65425.444%
2022270,972245,26825,70428.237%
2023281,408255,59625,81228.240%
2024309,624246,86662,75832.336%

In its most recent public year (2024), this organization brought in $62,758 more than it spent. Its reserves stood at about 32.3 months of spending, up from 8.5 in 2011. Staff pay was 36% 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 2024. 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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