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

Burlington Downtown Corporation

Burlington, NC / EIN 56-1627620 / Form 990 / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
2011240,806218,45922,34711.746%
2012243,105252,614−9,5099.743%
2013322,242286,25635,98610.137%
2014260,032265,479−5,44712.148%
2015300,770309,699−8,9299.641%
2016266,488286,867−20,3799.645%
2017235,080278,126−43,0468.030%
2018271,650250,96020,69010.041%
2019251,896255,364−3,4689.749%
2020249,029230,21218,81711.742%
2021188,547306,795−118,2484.216%
2022238,467162,33576,13213.518%
2023129,160198,368−69,2086.928%

In its most recent public year (2023), this organization spent $69,208 more than it brought in. Its reserves stood at about 6.9 months of spending, down from 11.7 in 2011. Staff pay was 28% of spending. $71,970 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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