Solum Community Transformation Initiative Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 92,586 | 77,990 | 14,596 | 3.1 | — |
| 2018 | 79,732 | 91,163 | −11,431 | 1.2 | — |
| 2019 | 95,460 | 90,334 | 5,126 | 1.9 | — |
| 2020 | 101,946 | 87,563 | 14,383 | 3.9 | — |
| 2021 | 82,418 | 81,631 | 787 | 4.3 | — |
| 2022 | 78,608 | 97,367 | −18,759 | 1.3 | — |
| 2023 | 56,391 | 64,802 | −8,411 | 0.4 | — |
In its most recent public year (2023), this organization spent $8,411 more than it brought in. Its reserves stood at about 0.4 months of spending, down from 3.1 in 2017.
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
Solum Community Transformation Initiative Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works