Better Way Of Miami Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 4,055,260 | 4,007,608 | 47,652 | 6.3 | 52% |
| 2012 | 3,428,085 | 3,533,272 | −105,187 | 6.9 | 52% |
| 2013 | 3,769,003 | 3,724,742 | 44,261 | 6.7 | 51% |
| 2014 | 3,897,386 | 3,870,838 | 26,548 | 6.5 | 53% |
| 2015 | 4,279,538 | 3,826,715 | 452,823 | 8.0 | 52% |
| 2016 | 3,874,731 | 3,742,995 | 131,736 | 8.6 | 54% |
| 2017 | 4,571,030 | 4,215,740 | 355,290 | 8.7 | 47% |
| 2018 | 4,323,523 | 3,964,691 | 358,832 | 10.3 | 48% |
| 2019 | 4,506,807 | 3,934,637 | 572,170 | 12.1 | 48% |
| 2020 | 5,060,929 | 4,252,892 | 808,037 | 13.5 | 48% |
| 2021 | 5,312,771 | 4,122,012 | 1,190,759 | 17.4 | 49% |
| 2022 | 5,581,677 | 4,459,958 | 1,121,719 | 19.1 | 48% |
| 2023 | 6,162,382 | 5,438,150 | 724,232 | 17.3 | 46% |
In its most recent public year (2023), this organization brought in $724,232 more than it spent. Its reserves stood at about 17.3 months of spending, up from 6.3 in 2011. Staff pay was 46% 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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