Professional Business Development Group
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 113,270 | 31,074 | 82,196 | 67.5 | — |
| 2021 | 497,187 | 345,250 | 151,937 | 11.4 | 15% |
| 2022 | 121,476 | 52,756 | 68,720 | 92.4 | 0% |
| 2023 | 307,154 | 187,879 | 119,275 | 33.6 | 13% |
In its most recent public year (2023), this organization brought in $119,275 more than it spent. Its reserves stood at about 33.6 months of spending, down from 67.5 in 2020. Staff pay was 13% 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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