Connecticut Business & Industry Assn Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 8,599,271 | 7,297,249 | 1,302,022 | 15.3 | 39% |
| 2012 | 7,653,306 | 5,911,827 | 1,741,479 | 10.1 | 43% |
| 2013 | 7,582,522 | 7,274,307 | 308,215 | 17.0 | 34% |
| 2014 | 6,536,410 | 5,398,724 | 1,137,686 | 30.2 | 41% |
| 2015 | 6,775,787 | 6,997,819 | −222,032 | 17.2 | 38% |
| 2016 | 6,057,237 | 6,269,741 | −212,504 | 7.0 | 43% |
| 2017 | 7,181,466 | 6,274,982 | 906,484 | 23.7 | 39% |
| 2018 | 4,793,137 | 4,293,942 | 499,195 | 42.0 | 51% |
| 2019 | 4,041,389 | 4,371,910 | −330,521 | 28.1 | 44% |
| 2020 | 3,615,920 | 3,917,257 | −301,337 | 14.9 | 50% |
| 2021 | 6,093,369 | 5,028,173 | 1,065,196 | 35.7 | 43% |
| 2022 | 6,195,930 | 3,591,676 | 2,604,254 | 52.1 | 77% |
| 2023 | 5,905,869 | 5,731,477 | 174,392 | 37.4 | 50% |
In its most recent public year (2023), this organization brought in $174,392 more than it spent. Its reserves stood at about 37.4 months of spending, up from 15.3 in 2011. Staff pay was 50% 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
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