Western Colorado Business Development Corp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,148,124 | 1,343,671 | −195,547 | 43.7 | 32% |
| 2012 | 1,258,177 | 1,132,332 | 125,845 | 53.2 | 43% |
| 2013 | 1,838,934 | 1,338,525 | 500,409 | 49.5 | 39% |
| 2014 | 1,273,992 | 1,287,516 | −13,524 | 51.3 | 40% |
| 2015 | 1,151,906 | 1,429,340 | −277,434 | 43.9 | 35% |
| 2016 | 1,635,442 | 1,310,802 | 324,640 | 50.9 | 42% |
| 2017 | 1,399,762 | 1,691,959 | −292,197 | 37.3 | 35% |
| 2018 | 1,751,798 | 1,494,815 | 256,983 | 44.3 | 42% |
| 2019 | 1,659,493 | 1,369,866 | 289,627 | 50.9 | 46% |
| 2020 | 2,460,987 | 2,209,080 | 251,907 | 32.9 | 35% |
| 2021 | 2,689,196 | 1,882,943 | 806,253 | 43.8 | 36% |
| 2022 | 2,298,721 | 1,413,450 | 885,271 | 65.8 | 44% |
| 2023 | 1,810,249 | 1,549,729 | 260,520 | 62.0 | 43% |
In its most recent public year (2023), this organization brought in $260,520 more than it spent. Its reserves stood at about 62 months of spending, up from 43.7 in 2011. Staff pay was 43% of spending. $6,993,741 of its net assets are donor-restricted.
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
Western Colorado Business Development Corp'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