Business Expansion Funding Corp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 621,904 | 624,221 | −2,317 | 7.6 | 63% |
| 2012 | 729,482 | 764,528 | −35,046 | 4.9 | 61% |
| 2013 | 888,943 | 782,122 | 106,821 | 6.4 | 67% |
| 2014 | 917,593 | 842,791 | 74,802 | 7.0 | 66% |
| 2015 | 814,373 | 805,443 | 8,930 | 7.5 | 65% |
| 2016 | 1,323,843 | 1,125,326 | 198,517 | 24.5 | 67% |
| 2017 | 1,841,141 | 1,553,957 | 287,184 | 19.9 | 67% |
| 2018 | 1,629,611 | 1,568,420 | 61,191 | 20.2 | 65% |
| 2019 | 1,767,043 | 1,614,351 | 152,692 | 20.8 | 65% |
| 2020 | 1,948,174 | 1,806,761 | 141,413 | 19.5 | 67% |
| 2021 | 2,336,502 | 1,884,129 | 452,373 | 21.6 | 68% |
| 2022 | 2,675,636 | 2,291,757 | 383,879 | 19.8 | 69% |
| 2023 | 3,841,989 | 2,618,652 | 1,223,337 | 22.9 | 67% |
In its most recent public year (2023), this organization brought in $1,223,337 more than it spent. Its reserves stood at about 22.9 months of spending, up from 7.6 in 2011. Staff pay was 67% of spending. $1,447,439 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
Business Expansion Funding Corp'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