Florida Business Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 7,200,486 | 6,314,590 | 885,896 | 49.3 | 62% |
| 2012 | 8,400,780 | 7,174,989 | 1,225,791 | 45.5 | 60% |
| 2013 | 8,760,670 | 7,595,912 | 1,164,758 | 44.8 | 42% |
| 2014 | 8,340,637 | 7,993,628 | 347,009 | 43.0 | 58% |
| 2015 | 8,337,550 | 8,474,038 | −136,488 | 40.4 | 59% |
| 2016 | 8,800,189 | 8,619,877 | 180,312 | 40.0 | 61% |
| 2017 | 9,021,919 | 7,766,722 | 1,255,197 | 46.3 | 60% |
| 2018 | 9,225,875 | 8,602,188 | 623,687 | 42.7 | 54% |
| 2019 | 9,251,205 | 8,574,027 | 677,178 | 43.8 | 59% |
| 2020 | 9,445,071 | 9,125,331 | 319,740 | 41.5 | 62% |
| 2021 | 9,639,658 | 10,004,782 | −365,124 | 37.4 | 62% |
| 2022 | 11,353,738 | 10,797,785 | 555,953 | 35.3 | 60% |
| 2023 | 13,374,087 | 11,234,305 | 2,139,782 | 36.2 | 59% |
In its most recent public year (2023), this organization brought in $2,139,782 more than it spent. Its reserves stood at about 36.2 months of spending, down from 49.3 in 2011. Staff pay was 59% 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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