Economic Development Council Of South Miami-Dade Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 73,601 | 150,147 | −76,546 | 6.2 | — |
| 2012 | 53,859 | 69,749 | −15,890 | 10.7 | — |
| 2013 | 70,914 | 93,510 | −22,596 | 5.1 | — |
| 2017 | 35,780 | 33,735 | 2,045 | 3.2 | 0% |
| 2018 | 59,720 | 30,813 | 28,907 | 5.7 | 0% |
| 2020 | 71,991 | 52,770 | 19,221 | 5.8 | 0% |
| 2021 | 40,500 | 57,597 | −17,097 | 1.7 | 0% |
| 2022 | 234,906 | 144,245 | 90,661 | 8.2 | 0% |
| 2023 | 308,479 | 258,104 | 50,375 | 6.9 | 49% |
In its most recent public year (2023), this organization brought in $50,375 more than it spent. Its reserves stood at about 6.9 months of spending. Staff pay was 49% 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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