Miami Beach Community Development Corporation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,974,112 | 2,990,380 | 983,732 | 11.6 | 56% |
| 2012 | 3,012,425 | 2,861,999 | 150,426 | 148.0 | 52% |
| 2013 | 3,258,233 | 4,471,939 | −1,213,706 | 116.9 | 32% |
| 2015 | 2,891,152 | 3,283,235 | −392,083 | 69.3 | 23% |
| 2016 | 2,888,137 | 3,471,678 | −583,541 | 72.1 | 21% |
| 2017 | 2,172,263 | 3,365,982 | −1,193,719 | 83.5 | 20% |
| 2018 | 2,548,537 | 3,357,837 | −809,300 | 68.9 | 23% |
| 2019 | 1,980,141 | 3,338,793 | −1,358,652 | 78.2 | 6% |
| 2020 | 2,136,856 | 3,101,075 | −964,219 | 75.6 | 5% |
| 2021 | 2,129,125 | 2,938,058 | −808,933 | 76.4 | 5% |
| 2022 | 2,161,577 | 2,557,776 | −396,199 | 85.8 | 5% |
| 2023 | 2,063,632 | 2,844,698 | −781,066 | 58.2 | 5% |
In its most recent public year (2023), this organization spent $781,066 more than it brought in. Its reserves stood at about 58.2 months of spending, up from 11.6 in 2011. Staff pay was 5% of spending. $18,261,162 of its net assets are donor-restricted.
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
Miami Beach Community Development Corporation Inc's IRS filings as a feed — one entry per filing year, through 2023. 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