Hispanic Business Initiative Fund Of Florida Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 953,742 | 906,878 | 46,864 | 12.5 | 42% |
| 2012 | 1,385,808 | 1,307,565 | 78,243 | 10.4 | 44% |
| 2013 | 1,707,941 | 1,667,926 | 40,015 | 9.4 | 42% |
| 2014 | 1,942,348 | 2,079,974 | −137,626 | 7.6 | 42% |
| 2015 | 2,754,622 | 2,382,772 | 371,850 | 8.5 | 44% |
| 2016 | 2,977,835 | 2,970,537 | 7,298 | 6.9 | 45% |
| 2017 | 2,701,884 | 2,892,026 | −190,142 | 6.3 | 46% |
| 2018 | 2,703,555 | 2,615,356 | 88,199 | 7.3 | 50% |
| 2019 | 2,740,535 | 2,533,650 | 206,885 | 9.1 | 51% |
| 2020 | 3,318,135 | 2,777,141 | 540,994 | 10.6 | 52% |
| 2021 | 3,822,531 | 2,560,897 | 1,261,634 | 17.2 | 57% |
| 2022 | 3,295,480 | 2,947,028 | 348,452 | 15.9 | 58% |
| 2023 | 4,183,260 | 3,410,614 | 772,646 | 16.5 | 54% |
In its most recent public year (2023), this organization brought in $772,646 more than it spent. Its reserves stood at about 16.5 months of spending, up from 12.5 in 2011. Staff pay was 54% of spending. $534,213 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
Hispanic Business Initiative Fund Of Florida 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