Florida State College At Jacksonville Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 9,664,305 | 10,429,209 | −764,904 | 66.7 | 1% |
| 2021 | 9,235,061 | 6,159,004 | 3,076,057 | 147.8 | 3% |
| 2022 | 23,366,290 | 20,964,537 | 2,401,753 | 38.3 | 1% |
| 2023 | 11,858,819 | 12,546,723 | −687,904 | 69.3 | 1% |
In its most recent public year (2023), this organization spent $687,904 more than it brought in. Its reserves stood at about 69.3 months of spending, up from 66.7 in 2020. Staff pay was 1% of spending. $35,667,630 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
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