Toledo Streets Workforce Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 83,720 | 80,932 | 2,788 | 4.4 | 53% |
| 2020 | 117,492 | 126,986 | −9,494 | 1.9 | 47% |
| 2021 | 115,422 | 115,869 | −447 | 2.0 | 59% |
| 2022 | 112,472 | 104,013 | 8,459 | 3.2 | 49% |
| 2023 | 129,588 | 151,530 | −21,942 | 0.5 | 55% |
In its most recent public year (2023), this organization spent $21,942 more than it brought in. Its reserves stood at about 0.5 months of spending, down from 4.4 in 2019. Staff pay was 55% 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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