Citec Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,090,170 | 1,222,900 | −132,730 | 6.9 | 59% |
| 2012 | 1,345,488 | 1,286,868 | 58,620 | 7.1 | 53% |
| 2013 | 1,136,828 | 1,140,217 | −3,389 | 8.0 | 68% |
| 2014 | 1,321,308 | 1,272,703 | 48,605 | 7.6 | 63% |
| 2015 | 1,129,481 | 1,204,798 | −75,317 | 7.3 | 68% |
| 2016 | 1,068,503 | 974,150 | 94,353 | 10.2 | 72% |
| 2017 | 1,083,333 | 982,640 | 100,693 | 11.3 | 74% |
| 2018 | 964,130 | 1,006,623 | −42,493 | 10.6 | 72% |
| 2019 | 1,091,195 | 983,817 | 107,378 | 12.1 | 75% |
| 2020 | 987,592 | 968,827 | 18,765 | 12.5 | 78% |
| 2021 | 1,072,988 | 854,690 | 218,298 | 17.3 | 77% |
| 2022 | 957,572 | 857,187 | 100,385 | 18.6 | 74% |
| 2023 | 1,011,613 | 937,031 | 74,582 | 18.6 | 71% |
In its most recent public year (2023), this organization brought in $74,582 more than it spent. Its reserves stood at about 18.6 months of spending, up from 6.9 in 2011. Staff pay was 71% of spending. $40,000 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works