Palm Beach County Black Business Investments Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 274,898 | 244,347 | 30,551 | 154.0 | 67% |
| 2012 | 624,166 | 240,055 | 384,111 | 175.9 | 69% |
| 2013 | 513,863 | 248,603 | 265,260 | 182.7 | 69% |
| 2014 | 594,950 | 257,293 | 337,657 | 192.3 | 60% |
| 2015 | 165,690 | 409,506 | −243,816 | 113.7 | 39% |
| 2016 | 273,652 | 469,781 | −196,129 | 94.1 | 35% |
| 2017 | 548,188 | 276,635 | 271,553 | 163.9 | 61% |
| 2018 | 252,648 | 282,390 | −29,742 | 159.3 | 59% |
| 2019 | 224,632 | 236,850 | −12,218 | 189.3 | 62% |
| 2020 | 304,729 | 270,241 | 34,488 | 168.2 | 55% |
| 2021 | 1,655,774 | 384,886 | 1,270,888 | 158.4 | 47% |
| 2022 | 106,296 | 388,183 | −281,887 | 148.8 | 51% |
| 2023 | 1,107,024 | 520,526 | 586,498 | 124.5 | 41% |
In its most recent public year (2023), this organization brought in $586,498 more than it spent. Its reserves stood at about 124.5 months of spending, down from 154 in 2011. Staff pay was 41% of spending. $655,750 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
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