Fideicomiso Para El Desarrollo De Rio Piedras
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 238,075 | 219,724 | 18,351 | 122.9 | 33% |
| 2022 | 413,302 | 245,376 | 167,926 | 118.3 | 40% |
| 2023 | 307,174 | 283,647 | 23,527 | 103.3 | 26% |
In its most recent public year (2023), this organization brought in $23,527 more than it spent. Its reserves stood at about 103.3 months of spending, down from 122.9 in 2021. Staff pay was 26% of spending. $1,723,150 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 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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