Beaufort Digital Corridor
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 160,050 | 117,305 | 42,745 | 4.4 | 25% |
| 2018 | 112,693 | 158,612 | −45,919 | -7.8 | 42% |
| 2019 | 100,781 | 144,754 | −43,973 | -12.2 | 36% |
| 2020 | 379,875 | 169,902 | 209,973 | 5.3 | 34% |
| 2021 | 167,035 | 151,594 | 15,441 | 7.2 | 29% |
| 2022 | 298,893 | 300,085 | −1,192 | 3.6 | 36% |
| 2023 | 367,097 | 333,293 | 33,804 | 4.8 | 36% |
In its most recent public year (2023), this organization brought in $33,804 more than it spent. Its reserves stood at about 4.8 months of spending. Staff pay was 36% 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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