Skills Development Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 346,595 | 361,799 | −15,204 | 10.0 | 73% |
| 2013 | 342,782 | 350,306 | −7,524 | 10.0 | 73% |
| 2014 | 356,263 | 369,168 | −12,905 | 9.1 | 74% |
| 2015 | 378,129 | 370,937 | 7,192 | 9.3 | 75% |
| 2016 | 408,195 | 384,701 | 23,494 | 9.7 | 74% |
| 2017 | 697,222 | 464,048 | 233,174 | 14.1 | 68% |
| 2018 | 555,928 | 433,808 | 122,120 | 18.4 | 74% |
| 2019 | 494,517 | 450,125 | 44,392 | 18.9 | 74% |
| 2020 | 379,788 | 403,998 | −24,210 | 20.4 | 72% |
| 2021 | 390,914 | 384,786 | 6,128 | 21.6 | 0% |
| 2022 | 587,297 | 400,710 | 186,587 | 26.3 | 74% |
| 2023 | 1,003,644 | 419,866 | 583,778 | 41.8 | 72% |
| 2024 | 1,004,952 | 451,174 | 553,778 | 53.6 | 71% |
In its most recent public year (2024), this organization brought in $553,778 more than it spent. Its reserves stood at about 53.6 months of spending, up from 10 in 2012. Staff pay was 71% 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
Skills Development Inc's IRS filings as a feed — one entry per filing year, through 2024. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works