Economic Council Of Palm Beach County Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 95,500 | 97,214 | −1,714 | 9.6 | 15% |
| 2021 | 118,000 | 110,414 | 7,586 | 9.3 | 14% |
| 2022 | 119,030 | 132,768 | −13,738 | 6.5 | 11% |
| 2023 | 148,171 | 134,708 | 13,463 | 7.6 | 11% |
In its most recent public year (2023), this organization brought in $13,463 more than it spent. Its reserves stood at about 7.6 months of spending, down from 9.6 in 2020. Staff pay was 11% of spending. $76,174 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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