Greater Miami Boys Clubs Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 673,094 | 394,766 | 278,328 | 11.6 | 15% |
| 2019 | 827,187 | 440,800 | 386,387 | 12.9 | 0% |
| 2020 | 825,484 | 350,375 | 475,109 | 19.2 | 0% |
| 2021 | 816,871 | 419,594 | 397,277 | 32.5 | 0% |
| 2022 | 818,732 | 325,521 | 493,211 | 76.1 | 0% |
| 2023 | 816,853 | 348,524 | 468,329 | 92.6 | 0% |
In its most recent public year (2023), this organization brought in $468,329 more than it spent. Its reserves stood at about 92.6 months of spending, up from 11.6 in 2018. Staff pay was 0% 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
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