Bradenton Area Economic Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 1,524,753 | 524,619 | 1,000,134 | 22.9 | 43% |
| 2013 | 764,139 | 765,733 | −1,594 | 15.6 | 45% |
| 2014 | 772,219 | 686,086 | 86,133 | 19.0 | 50% |
| 2015 | 807,276 | 815,713 | −8,437 | 15.8 | 49% |
| 2016 | 888,449 | 879,082 | 9,367 | 15.2 | 48% |
| 2017 | 1,014,710 | 988,170 | 26,540 | 14.8 | 51% |
| 2018 | 1,137,865 | 1,035,354 | 102,511 | 15.0 | 54% |
| 2019 | 1,097,031 | 1,062,146 | 34,885 | 14.9 | 58% |
| 2020 | 1,107,186 | 1,036,983 | 70,203 | 16.2 | 63% |
| 2021 | 1,198,910 | 1,052,476 | 146,434 | 19.6 | 62% |
| 2022 | 1,123,700 | 966,805 | 156,895 | 19.2 | 60% |
| 2023 | 989,048 | 997,884 | −8,836 | 20.6 | 62% |
In its most recent public year (2023), this organization spent $8,836 more than it brought in. Its reserves stood at about 20.6 months of spending, down from 22.9 in 2012. Staff pay was 62% 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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