Punta Gorda Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 33,197 | 64,437 | −31,240 | 20.9 | — |
| 2021 | 151,784 | 144,596 | 7,188 | 47.0 | 0% |
| 2022 | 94,198 | 99,469 | −5,271 | 67.5 | 0% |
| 2023 | 270,292 | 186,864 | 83,428 | 41.3 | 0% |
In its most recent public year (2023), this organization brought in $83,428 more than it spent. Its reserves stood at about 41.3 months of spending, up from 20.9 in 2020. Staff pay was 0% 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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