Caribbean Foundation Of Boston Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 2,454,388 | 2,562,373 | −107,985 | 10.0 | 69% |
| 2021 | 2,235,723 | 2,219,215 | 16,508 | 11.7 | 70% |
| 2022 | 2,180,452 | 2,236,977 | −56,525 | 11.3 | 70% |
| 2023 | 2,446,097 | 2,329,462 | 116,635 | 11.4 | 71% |
In its most recent public year (2023), this organization brought in $116,635 more than it spent. Its reserves stood at about 11.4 months of spending, up from 10 in 2019. Staff pay was 71% of spending. $5,000 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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