Allegany County Land Bank Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 126,987 | 126,687 | 300 | 0.0 | — |
| 2018 | 119,329 | 105,714 | 13,615 | 1.6 | — |
| 2019 | 520,105 | 481,174 | 38,931 | 1.3 | 0% |
| 2020 | 18,212 | 90,945 | −72,733 | 52.3 | 0% |
| 2021 | 196,072 | 77,177 | 118,895 | 80.1 | 0% |
| 2022 | −10,512 | 76,368 | −86,880 | 67.3 | — |
| 2023 | 118,921 | 129,191 | −10,270 | 38.9 | — |
In its most recent public year (2023), this organization spent $10,270 more than it brought in. Its reserves stood at about 38.9 months of spending, up from 0 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
Allegany County Land Bank 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