Souly Business Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 144,947 | 147,495 | −2,548 | 12.6 | 63% |
| 2021 | 169,109 | 132,840 | 36,269 | 17.2 | 70% |
| 2022 | 174,580 | 205,842 | −31,262 | 9.3 | 52% |
| 2023 | 239,107 | 216,749 | 22,358 | 10.1 | 50% |
In its most recent public year (2023), this organization brought in $22,358 more than it spent. Its reserves stood at about 10.1 months of spending, down from 12.6 in 2020. Staff pay was 50% 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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