Corporacion Para El Financiamiento Empresarial Del Comercio Y De Las
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 893,559 | 903,310 | −9,751 | 30.4 | 35% |
| 2020 | 1,276,056 | 975,928 | 300,128 | 31.8 | 32% |
| 2021 | 874,892 | 721,649 | 153,243 | 45.6 | 43% |
| 2022 | 779,991 | 750,191 | 29,800 | 44.4 | 43% |
| 2023 | 1,152,299 | 984,789 | 167,510 | 35.8 | 43% |
| 2024 | 1,406,883 | 1,235,244 | 171,639 | 30.2 | 37% |
In its most recent public year (2024), this organization brought in $171,639 more than it spent. Its reserves stood at about 30.2 months of spending. Staff pay was 37% of spending. $1,778,225 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 2024. 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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