Florida Development Finance Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 179,200 | 75,936 | 103,264 | 125.7 | 0% |
| 2013 | 150,023 | 104,451 | 45,572 | 96.6 | 0% |
| 2014 | 305,079 | 117,075 | 188,004 | 105.5 | 0% |
| 2015 | 553,231 | 358,393 | 194,838 | 41.0 | 0% |
| 2016 | 1,011,366 | 765,990 | 245,376 | 23.0 | 7% |
| 2017 | 612,894 | 991,375 | −378,481 | 13.2 | 15% |
| 2018 | 973,672 | 946,627 | 27,045 | 14.2 | 19% |
| 2019 | 3,813,725 | 1,561,184 | 2,252,541 | 25.9 | 34% |
| 2020 | 1,390,502 | 1,322,176 | 68,326 | 31.2 | 36% |
| 2021 | 2,582,006 | 1,374,780 | 1,207,226 | 40.6 | 47% |
| 2022 | 3,600,952 | 1,542,604 | 2,058,348 | 52.2 | 44% |
| 2023 | 2,893,381 | 1,492,227 | 1,401,154 | 65.2 | 42% |
In its most recent public year (2023), this organization brought in $1,401,154 more than it spent. Its reserves stood at about 65.2 months of spending, down from 125.7 in 2012. Staff pay was 42% 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
Florida Development Finance Corporation'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