Texas Spring Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 506,337 | 531,437 | −25,100 | 1.8 | 60% |
| 2021 | 0 | 0 | 0 | — | — |
| 2022 | 486,922 | 563,020 | −76,098 | 0.3 | 57% |
In its most recent public year (2022), this organization spent $76,098 more than it brought in. Its reserves stood at about 0.3 months of spending, down from 1.8 in 2020. Staff pay was 57% 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 2022. 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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