Precision Development Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 4,164,416 | 581,162 | 3,583,254 | 74.0 | 29% |
| 2017 | 2,971,832 | 1,786,774 | 1,185,058 | 32.0 | 23% |
| 2018 | 3,794,806 | 3,241,383 | 553,423 | 19.7 | 18% |
| 2019 | 4,006,577 | 3,876,895 | 129,682 | 16.9 | 22% |
| 2020 | 5,542,845 | 5,328,013 | 214,832 | 12.8 | 52% |
| 2021 | 7,738,170 | 7,198,406 | 539,764 | 10.3 | 66% |
| 2022 | 4,189,576 | 8,280,474 | −4,090,898 | 3.1 | 61% |
| 2023 | 6,178,835 | 5,234,047 | 944,788 | 6.9 | 56% |
In its most recent public year (2023), this organization brought in $944,788 more than it spent. Its reserves stood at about 6.9 months of spending, down from 74 in 2016. Staff pay was 56% of spending. $2,726,103 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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