The Educational Foundation Of The Florida Restaurant & Lodging Assoc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 891,859 | 832,599 | 59,260 | 33.0 | 12% |
| 2021 | 1,103,396 | 1,001,177 | 102,219 | 29.1 | 11% |
| 2022 | 1,006,525 | 933,075 | 73,450 | 29.3 | 12% |
In its most recent public year (2022), this organization brought in $73,450 more than it spent. Its reserves stood at about 29.3 months of spending, down from 33 in 2020. Staff pay was 12% of spending. $12,793 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 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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