North Carolina Biomedical Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 175,037 | 146,083 | 28,954 | 9.4 | — |
| 2013 | 129,480 | 125,382 | 4,098 | 11.3 | — |
| 2014 | 125,932 | 140,230 | −14,298 | 8.9 | — |
| 2015 | 152,094 | 133,609 | 18,485 | 7.2 | — |
| 2016 | 137,303 | 134,468 | 2,835 | 7.4 | — |
| 2017 | 134,052 | 103,803 | 30,249 | 13.1 | — |
| 2018 | 100,181 | 115,406 | −15,225 | 10.2 | — |
| 2019 | 135,642 | 126,265 | 9,377 | 10.2 | — |
| 2020 | 15,610 | 32,949 | −17,339 | 32.9 | — |
| 2021 | 76,812 | 69,076 | 7,736 | 17.1 | — |
| 2022 | 113,156 | 108,408 | 4,748 | 11.4 | — |
| 2023 | 174,238 | 120,409 | 53,829 | 15.6 | — |
In its most recent public year (2023), this organization brought in $53,829 more than it spent. Its reserves stood at about 15.6 months of spending, up from 9.4 in 2012.
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
North Carolina Biomedical Association'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