Covered South Florida Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2022 | 131,654 | 130,583 | 1,071 | 18.1 | — |
| 2023 | 94,367 | 127,727 | −33,360 | 22.7 | — |
In its most recent public year (2023), this organization spent $33,360 more than it brought in. Its reserves stood at about 22.7 months of spending, up from 18.1 in 2022.
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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