Boynton Beach Faith Based Community Dev Corp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 1,813,658 | 258,292 | 1,555,366 | 72.5 | 33% |
| 2011 | 349,540 | 300,191 | 49,349 | 67.8 | 25% |
| 2012 | 281,655 | 254,912 | 26,743 | 62.5 | 38% |
| 2013 | 744,122 | 270,261 | 473,861 | 80.0 | 39% |
| 2014 | 455,742 | 262,702 | 193,040 | 91.1 | 40% |
| 2015 | 52,881 | 264,067 | −211,186 | 81.0 | 40% |
| 2016 | 284,380 | 296,683 | −12,303 | 71.6 | 39% |
| 2017 | 175,464 | 309,437 | −133,973 | 63.4 | 42% |
| 2018 | 366,529 | 314,077 | 52,452 | 64.5 | 38% |
| 2019 | 349,095 | 410,760 | −61,665 | 47.5 | 26% |
| 2020 | 706,357 | 588,975 | 117,382 | 35.9 | 23% |
| 2021 | 529,466 | 512,629 | 16,837 | 41.7 | 48% |
| 2022 | 745,520 | 737,698 | 7,822 | 29.6 | 39% |
In its most recent public year (2022), this organization brought in $7,822 more than it spent. Its reserves stood at about 29.6 months of spending, down from 72.5 in 2010. Staff pay was 39% 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 2022. 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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