Chances And Changes Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 702,908 | 813,902 | −110,994 | 12.0 | 52% |
| 2021 | 1,002,509 | 937,423 | 65,086 | 8.3 | 55% |
| 2022 | 1,044,592 | 1,146,620 | −102,028 | 5.7 | 49% |
| 2023 | 1,087,268 | 1,451,790 | −364,522 | 1.5 | 44% |
In its most recent public year (2023), this organization spent $364,522 more than it brought in. Its reserves stood at about 1.5 months of spending, down from 12 in 2020. Staff pay was 44% 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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