Dan Marino Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 4,188,155 | 3,902,392 | 285,763 | 35.6 | 52% |
| 2021 | 3,927,079 | 3,530,237 | 396,842 | 42.6 | 54% |
| 2022 | 3,052,694 | 2,867,918 | 184,776 | 50.9 | 54% |
| 2023 | 3,880,472 | 3,161,212 | 719,260 | 49.6 | 46% |
In its most recent public year (2023), this organization brought in $719,260 more than it spent. Its reserves stood at about 49.6 months of spending, up from 35.6 in 2020. Staff pay was 46% of spending. $2,000,000 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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