Downtown Sanford Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 107,310 | 93,730 | 13,580 | 3.8 | — |
| 2018 | 91,925 | 91,075 | 850 | 4.1 | — |
| 2019 | 155,306 | 131,999 | 23,307 | 4.9 | — |
| 2020 | 223,467 | 186,737 | 36,730 | 4.8 | 48% |
| 2021 | 259,274 | 244,674 | 14,600 | 4.4 | 41% |
| 2022 | 323,124 | 306,305 | 16,819 | 4.1 | 38% |
| 2023 | 371,048 | 389,455 | −18,407 | 2.7 | 34% |
| 2024 | 390,112 | 378,777 | 11,335 | 3.1 | 40% |
In its most recent public year (2024), this organization brought in $11,335 more than it spent. Its reserves stood at about 3.1 months of spending. Staff pay was 40% 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
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