Edison Biotechnology Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 721,446 | 650,305 | 71,141 | 14.6 | 64% |
| 2021 | 846,309 | 677,456 | 168,853 | 17.0 | 59% |
| 2022 | 649,833 | 1,141,400 | −491,567 | 4.9 | 44% |
| 2023 | 452,441 | 851,963 | −399,522 | 0.9 | 70% |
In its most recent public year (2023), this organization spent $399,522 more than it brought in. Its reserves stood at about 0.9 months of spending, down from 14.6 in 2020. Staff pay was 70% 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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