South Walton Beaches Wine And Food Festival Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 273,661 | 336,293 | −62,632 | -8.1 | 0% |
| 2015 | 246,681 | 295,129 | −48,448 | -11.2 | 0% |
| 2016 | 322,755 | 304,578 | 18,177 | -10.1 | 0% |
| 2017 | 375,449 | 392,727 | −17,278 | -8.4 | 0% |
| 2018 | 336,322 | 338,743 | −2,421 | -9.8 | 0% |
| 2020 | 94,500 | 94,682 | −182 | -35.4 | 0% |
| 2021 | 10,500 | 8,768 | 1,732 | -379.9 | 0% |
| 2022 | 451,034 | 426,157 | 24,877 | -7.1 | 0% |
| 2023 | 413,999 | 482,636 | −68,637 | -8.0 | 0% |
In its most recent public year (2023), this organization spent $68,637 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-8 months). Staff pay was 0% 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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