Florida Bankers Educational Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 248,797 | 130,848 | 117,949 | 211.5 | 43% |
| 2021 | 297,922 | 135,998 | 161,924 | 247.7 | 43% |
| 2022 | 191,302 | 153,250 | 38,052 | 200.2 | 40% |
| 2023 | 269,932 | 353,559 | −83,627 | 92.3 | 18% |
In its most recent public year (2023), this organization spent $83,627 more than it brought in. Its reserves stood at about 92.3 months of spending, down from 211.5 in 2020. Staff pay was 18% of spending. $140,000 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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