Path Ventures
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 1,780,702 | 1,393,350 | 387,352 | 36.8 | 51% |
| 2020 | 2,452,523 | 1,379,372 | 1,073,151 | 90.2 | 46% |
| 2021 | 15,210,741 | 3,597,565 | 11,613,176 | 73.1 | 36% |
| 2022 | 7,143,035 | 3,032,491 | 4,110,544 | 102.8 | 45% |
| 2023 | 8,649,915 | 5,786,089 | 2,863,826 | 57.4 | 38% |
In its most recent public year (2023), this organization brought in $2,863,826 more than it spent. Its reserves stood at about 57.4 months of spending, up from 36.8 in 2017. Staff pay was 38% of spending. $1,262,245 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
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