Beulah Land Development Corporation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 431,404 | 486,505 | −55,101 | 5.6 | 18% |
| 2022 | 308,972 | 207,063 | 101,909 | 15.4 | 6% |
| 2023 | 588,519 | 204,325 | 384,194 | 38.2 | 24% |
In its most recent public year (2023), this organization brought in $384,194 more than it spent. Its reserves stood at about 38.2 months of spending, up from 5.6 in 2020. Staff pay was 24% of spending. $383,918 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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