Franklin Boulevard Business Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 250,434 | 208,787 | 41,647 | 16.9 | 44% |
| 2022 | 244,198 | 257,606 | −13,408 | 13.4 | 44% |
| 2023 | 423,422 | 409,298 | 14,124 | 8.7 | 45% |
In its most recent public year (2023), this organization brought in $14,124 more than it spent. Its reserves stood at about 8.7 months of spending, down from 16.9 in 2021. Staff pay was 45% 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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