Black River Area Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 6,790,473 | 6,865,270 | −74,797 | 5.8 | 47% |
| 2013 | 6,343,901 | 6,880,815 | −536,914 | 4.8 | 43% |
| 2014 | 6,903,252 | 6,589,603 | 313,649 | 5.6 | 44% |
| 2015 | 7,499,168 | 7,790,154 | −290,986 | 4.3 | 44% |
| 2016 | 7,225,143 | 7,592,301 | −367,158 | 3.9 | 49% |
| 2017 | 7,621,467 | 7,779,148 | −157,681 | 9.8 | 49% |
| 2018 | 9,365,785 | 9,328,410 | 37,375 | 8.3 | 44% |
| 2019 | 10,161,190 | 9,917,783 | 243,407 | 8.1 | 42% |
| 2020 | 9,333,861 | 9,543,662 | −209,801 | 8.1 | 53% |
| 2021 | 10,254,948 | 10,223,063 | 31,885 | 7.6 | 42% |
| 2022 | 11,077,041 | 10,700,370 | 376,671 | 7.7 | 41% |
| 2023 | 11,693,626 | 11,587,246 | 106,380 | 7.2 | 45% |
| 2024 | 11,912,331 | 11,467,778 | 444,553 | 7.7 | 47% |
In its most recent public year (2024), this organization brought in $444,553 more than it spent. Its reserves stood at about 7.7 months of spending, up from 5.8 in 2012. Staff pay was 47% 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 2024. 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
Black River Area Development Corporation's IRS filings as a feed — one entry per filing year, through 2024. 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