Parallax Advanced Research Corp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 525,034 | 2,271,592 | −1,746,558 | 36.1 | 7% |
| 2012 | 1,837,023 | 7,528,897 | −5,691,874 | 1.8 | 0% |
| 2013 | 9,166,501 | 9,088,569 | 77,932 | 1.6 | 31% |
| 2014 | 14,380,911 | 12,584,563 | 1,796,348 | 2.9 | 32% |
| 2015 | 15,379,506 | 15,954,360 | −574,854 | 1.8 | 43% |
| 2016 | 20,524,796 | 17,080,515 | 3,444,281 | 4.1 | 45% |
| 2017 | 20,165,986 | 21,023,538 | −857,552 | 2.9 | 15% |
| 2018 | 28,919,672 | 29,591,391 | −671,719 | 1.2 | 20% |
| 2019 | 31,263,767 | 31,219,693 | 44,074 | 1.2 | 26% |
| 2020 | 30,412,585 | 30,331,722 | 80,863 | 1.3 | 30% |
| 2021 | 42,589,821 | 42,807,161 | −217,340 | 0.9 | 30% |
| 2022 | 40,733,328 | 40,618,782 | 114,546 | 0.9 | 36% |
| 2023 | 45,989,638 | 45,816,869 | 172,769 | 0.9 | 42% |
In its most recent public year (2023), this organization brought in $172,769 more than it spent. Its reserves stood at about 0.9 months of spending, down from 36.1 in 2011. Staff pay was 42% 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
Parallax Advanced Research Corp'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