Burlington Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 61,504 | 71,643 | −10,139 | 285.8 | 0% |
| 2012 | 27,253 | 54,138 | −26,885 | 372.3 | 0% |
| 2013 | 27,065 | 49,924 | −22,859 | 398.2 | 0% |
| 2014 | 26,572 | 48,392 | −21,820 | 407.8 | 0% |
| 2015 | 325,528 | 300,668 | 24,860 | 66.6 | 36% |
| 2016 | 365,922 | 300,250 | 65,672 | 69.4 | 0% |
| 2017 | 112,579 | 156,440 | −43,861 | 129.7 | 0% |
| 2018 | 132,734 | 129,339 | 3,395 | 157.2 | 0% |
| 2019 | 153,013 | 220,992 | −67,979 | 88.3 | 0% |
| 2020 | 198,042 | 168,588 | 29,454 | 117.9 | 0% |
| 2021 | 472,843 | 102,634 | 370,209 | 236.9 | 0% |
| 2022 | 143,413 | 107,902 | 35,511 | 229.3 | 0% |
| 2023 | 151,732 | 187,650 | −35,918 | 878.1 | 39% |
In its most recent public year (2023), this organization spent $35,918 more than it brought in. Its reserves stood at about 878.1 months of spending, up from 285.8 in 2011. Staff pay was 39% 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 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
Burlington Development Corporation'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