Nortwest Florida Black Business Investment Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 386,212 | 114,840 | 271,372 | 130.3 | 74% |
| 2012 | 431,465 | 115,724 | 315,741 | 162.0 | 74% |
| 2013 | 456,056 | 116,228 | 339,828 | 196.4 | 73% |
| 2014 | 480,835 | 117,321 | 363,514 | 231.7 | 73% |
| 2015 | 145,455 | 117,239 | 28,216 | 234.8 | 73% |
| 2016 | 143,875 | 117,675 | 26,200 | 236.6 | 73% |
| 2017 | 20,962 | 70,230 | −49,268 | 391.7 | 0% |
| 2018 | 152,617 | 88,967 | 63,650 | 317.8 | 48% |
| 2020 | 148,851 | 138,904 | 9,947 | 209.1 | 37% |
| 2021 | 144,793 | 86,223 | 58,570 | 345.1 | 60% |
| 2022 | 166,582 | 125,294 | 41,288 | 241.4 | 43% |
In its most recent public year (2022), this organization brought in $41,288 more than it spent. Its reserves stood at about 241.4 months of spending, up from 130.3 in 2011. Staff pay was 43% 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 2022. 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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