Corporacion Para El Desarrolo Del Centro Financiero De Hato Rey
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 71,631 | 26,593 | 45,038 | 248.3 | 0% |
| 2020 | 377,172 | 145,664 | 231,508 | 64.4 | 0% |
| 2021 | 318,025 | 476,030 | −158,005 | 15.7 | 0% |
| 2022 | 1,672,031 | 120,093 | 1,551,938 | 217.2 | 0% |
| 2023 | 1,033,187 | 257,003 | 776,184 | 137.7 | 0% |
In its most recent public year (2023), this organization brought in $776,184 more than it spent. Its reserves stood at about 137.7 months of spending, down from 248.3 in 2019. Staff pay was 0% 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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