Miami Lakes Town Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 31,721 | 30,000 | 1,721 | 1.9 | 0% |
| 2012 | 12,183 | 0 | 12,183 | — | — |
| 2013 | −2,235 | 12,536 | −14,771 | 2.2 | 0% |
| 2020 | 80,324 | 69,617 | 10,707 | 7.6 | — |
| 2021 | 0 | 6,020 | −6,020 | 75.4 | — |
| 2022 | 96,735 | 70,901 | 25,834 | 10.8 | — |
| 2023 | 126,136 | 148,018 | −21,882 | 3.4 | — |
In its most recent public year (2023), this organization spent $21,882 more than it brought in. Its reserves stood at about 3.4 months of spending, up from 1.9 in 2011.
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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