Miami Area Economic Development Service Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 387,293 | 237,295 | 149,998 | 181.4 | 48% |
| 2012 | 297,838 | 200,110 | 97,728 | 220.9 | 58% |
| 2013 | 286,605 | 208,984 | 77,621 | 216.0 | 58% |
| 2014 | 263,289 | 210,029 | 53,260 | 218.0 | 60% |
| 2015 | 228,144 | 210,112 | 18,032 | 218.9 | 57% |
| 2016 | 250,679 | 216,389 | 34,290 | 214.5 | 47% |
| 2017 | 274,811 | 333,589 | −58,778 | 137.0 | 46% |
| 2018 | 226,330 | 286,295 | −59,965 | 155.4 | 27% |
| 2019 | 218,255 | 232,728 | −14,473 | 189.0 | 29% |
| 2020 | 210,366 | 247,216 | −36,850 | 173.5 | 44% |
| 2021 | 212,165 | 252,092 | −39,927 | 168.1 | 42% |
| 2022 | 34,046 | 24,200 | 9,846 | 1784.1 | 62% |
| 2023 | −435,614 | 172,640 | −608,254 | 205.0 | 42% |
In its most recent public year (2023), this organization spent $608,254 more than it brought in. Its reserves stood at about 205 months of spending, up from 181.4 in 2011. Staff pay was 42% 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
Miami Area Economic Development Service Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works