Florida State University Magnet Research And Development Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 653 | 29,583 | −28,930 | 116.5 | — |
| 2022 | 12,190 | 23,546 | −11,356 | 140.6 | — |
| 2023 | 10,648 | 24,373 | −13,725 | 129.1 | — |
| 2024 | 115,796 | 70,561 | 45,235 | 52.3 | — |
In its most recent public year (2024), this organization brought in $45,235 more than it spent. Its reserves stood at about 52.3 months of spending, down from 116.5 in 2021.
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
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