Bloomfield Urban Initiative Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 123,100 | 103,008 | 20,092 | 7.1 | — |
| 2018 | 62,500 | 104,211 | −41,711 | 2.2 | — |
| 2019 | 112,637 | 104,218 | 8,419 | 2.7 | — |
| 2020 | 51,778 | 69,364 | −17,586 | 1.0 | — |
| 2023 | 47,461 | 42,072 | 5,389 | 1.5 | — |
In its most recent public year (2023), this organization brought in $5,389 more than it spent. Its reserves stood at about 1.5 months of spending, down from 7.1 in 2017.
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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