Skills Development Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 168,643 | 173,404 | −4,761 | -7.0 | 0% |
| 2012 | 175,294 | 176,532 | −1,238 | -7.0 | 0% |
| 2013 | 182,122 | 166,399 | 15,723 | -6.3 | 0% |
| 2014 | 178,896 | 157,166 | 21,730 | -5.0 | 0% |
| 2015 | 177,816 | 163,767 | 14,049 | -3.8 | 0% |
| 2016 | 176,107 | 169,655 | 6,452 | -6.8 | 0% |
| 2017 | 176,206 | 158,132 | 18,074 | -5.8 | 0% |
| 2018 | 176,671 | 154,089 | 22,582 | -4.3 | 0% |
| 2019 | 182,898 | 152,473 | 30,425 | -3.1 | 2% |
| 2020 | 184,177 | 156,144 | 28,033 | -1.7 | 4% |
| 2021 | 175,187 | 168,967 | 6,220 | -2.0 | 4% |
| 2022 | 177,518 | 159,611 | 17,907 | -0.7 | 4% |
| 2023 | 177,887 | 165,650 | 12,237 | 0.2 | 4% |
| 2024 | 176,425 | 153,423 | 23,002 | 2.0 | 4% |
In its most recent public year (2024), this organization brought in $23,002 more than it spent. Its reserves stood at about 2 months of spending, up from -7 in 2011. Staff pay was 4% 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 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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