Piedmont Business Capital
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 230,919 | 32,872 | 198,047 | 82.8 | 0% |
| 2013 | 78,157 | 123,985 | −45,828 | 17.5 | — |
| 2014 | 224,696 | 104,473 | 120,223 | 34.6 | 63% |
| 2015 | 212,373 | 94,694 | 117,679 | 53.1 | 53% |
| 2016 | 219,544 | 110,161 | 109,383 | 57.5 | 52% |
| 2017 | 287,482 | 224,874 | 62,608 | 31.5 | 39% |
| 2018 | 474,671 | 286,620 | 188,051 | 32.6 | 43% |
| 2019 | 736,835 | 474,930 | 261,905 | 27.1 | 32% |
| 2020 | 1,376,415 | 700,275 | 676,140 | 29.9 | 34% |
| 2021 | 1,839,047 | 757,997 | 1,081,050 | 43.8 | 27% |
| 2022 | 3,154,236 | 759,769 | 2,394,467 | 80.7 | 44% |
| 2023 | 2,396,117 | 784,881 | 1,611,236 | 64.3 | 44% |
In its most recent public year (2023), this organization brought in $1,611,236 more than it spent. Its reserves stood at about 64.3 months of spending, down from 82.8 in 2012. Staff pay was 44% of spending. $2,439,667 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
Piedmont Business Capital'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