Business Development Board Of Martin County Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 726,134 | 816,593 | −90,459 | 3.3 | 36% |
| 2012 | 726,276 | 547,983 | 178,293 | 8.8 | 47% |
| 2013 | 594,720 | 655,035 | −60,315 | 6.6 | 35% |
| 2014 | 434,304 | 469,274 | −34,970 | 7.6 | 43% |
| 2015 | 441,751 | 508,913 | −67,162 | 5.4 | 37% |
| 2016 | 370,642 | 465,137 | −94,495 | 3.5 | 39% |
| 2017 | 365,404 | 301,507 | 63,897 | 7.9 | 56% |
| 2018 | 459,570 | 445,071 | 14,499 | 5.7 | 48% |
| 2019 | 472,528 | 366,688 | 105,840 | 10.4 | 45% |
| 2020 | 471,188 | 428,212 | 42,976 | 10.5 | 47% |
| 2021 | 509,385 | 465,057 | 44,328 | 11.1 | 56% |
| 2022 | 569,166 | 490,657 | 78,509 | 12.5 | 49% |
| 2023 | 536,108 | 572,862 | −36,754 | 9.9 | 20% |
In its most recent public year (2023), this organization spent $36,754 more than it brought in. Its reserves stood at about 9.9 months of spending, up from 3.3 in 2011. Staff pay was 20% of spending. $59,631 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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