South Florida Sports Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 5,911,638 | 5,712,991 | 198,647 | 7.2 | 6% |
| 2021 | 6,118,545 | 4,575,122 | 1,543,423 | 13.0 | 6% |
| 2022 | 2,780,649 | 3,818,432 | −1,037,783 | 12.3 | 8% |
| 2023 | 2,385,677 | 2,477,295 | −91,618 | 18.6 | 17% |
In its most recent public year (2023), this organization spent $91,618 more than it brought in. Its reserves stood at about 18.6 months of spending, up from 7.2 in 2020. Staff pay was 17% 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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