Southeastern Development Opportunities Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 437,154 | 502,787 | −65,633 | 62.4 | 30% |
| 2012 | 125,257 | 238,380 | −113,123 | 128.3 | 39% |
| 2013 | 232,432 | 372,574 | −140,142 | 77.6 | 29% |
| 2014 | 148,760 | 368,715 | −219,955 | 71.2 | 32% |
| 2015 | 72,241 | 303,666 | −231,425 | 77.3 | 25% |
| 2016 | 259,644 | 254,070 | 5,574 | 91.2 | 22% |
| 2017 | 303,012 | 250,827 | 52,185 | 94.9 | 23% |
| 2018 | 148,224 | 235,460 | −87,236 | 96.5 | 23% |
| 2019 | 185,980 | 229,450 | −43,470 | 96.8 | 26% |
| 2020 | 146,934 | 170,279 | −23,345 | 126.6 | 32% |
| 2021 | 80,907 | 177,260 | −96,353 | 115.1 | 39% |
| 2022 | 61,663 | 155,545 | −93,882 | 124.6 | 45% |
| 2023 | −780,089 | 146,238 | −926,327 | 56.5 | 45% |
In its most recent public year (2023), this organization spent $926,327 more than it brought in. Its reserves stood at about 56.5 months of spending, down from 62.4 in 2011. Staff pay was 45% of spending. $649,872 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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