1056 Equities Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,282 | 360 | 922 | 12193.0 | 0% |
| 2012 | 15,882 | 394 | 15,488 | 11612.6 | 0% |
| 2013 | 1,566 | 0 | 1,566 | — | — |
| 2014 | 19,465 | 94,629 | −75,164 | 39.0 | 0% |
| 2015 | 61,286 | 146,575 | −85,289 | 18.2 | 0% |
| 2016 | 60,387 | 158,062 | −97,675 | 9.5 | 0% |
| 2017 | 5,313 | 162,181 | −156,868 | 7.3 | 0% |
| 2018 | 129 | 172,273 | −172,144 | -11.5 | 0% |
| 2020 | 66,746 | 222,637 | −155,891 | 84.0 | 0% |
| 2021 | 74 | 195,968 | −195,894 | 91.7 | 0% |
| 2022 | 142 | 230,962 | −230,820 | 81.8 | 0% |
| 2023 | 3,029 | 210,411 | −207,382 | 91.1 | 0% |
In its most recent public year (2023), this organization spent $207,382 more than it brought in. Its reserves stood at about 91.1 months of spending, down from 12193 in 2011. Staff pay was 0% 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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