Smart Development Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 204,180 | 214,022 | −9,842 | 19.7 | 0% |
| 2019 | 502,085 | 381,531 | 120,554 | 3.8 | 0% |
| 2020 | 767,573 | 677,890 | 89,683 | 16.4 | 0% |
| 2021 | 1,485,557 | 1,151,189 | 334,368 | 72.6 | 2% |
| 2022 | 1,999,204 | 1,702,588 | 296,616 | 49.2 | 9% |
In its most recent public year (2022), this organization brought in $296,616 more than it spent. Its reserves stood at about 49.2 months of spending, up from 19.7 in 2018. Staff pay was 9% 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 2022. 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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