Primax Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 126,113 | 55,262 | 70,851 | 74.6 | — |
| 2012 | 137,470 | 93,902 | 43,568 | 49.5 | — |
| 2013 | 136,032 | 48,642 | 87,390 | 117.1 | — |
| 2014 | 235,888 | 56,906 | 178,982 | 137.8 | 0% |
| 2015 | 248,737 | 86,636 | 162,101 | 113.0 | 0% |
| 2016 | 186,127 | 95,111 | 91,016 | 114.4 | 0% |
| 2017 | 227,064 | 95,146 | 131,918 | 131.0 | 0% |
| 2018 | 158,013 | 99,558 | 58,455 | 127.4 | 0% |
| 2019 | 218,392 | 82,984 | 135,408 | 192.7 | 0% |
| 2020 | 3,029,982 | 77,627 | 2,952,355 | 673.1 | 0% |
| 2021 | 282,446 | 58,640 | 223,806 | 977.3 | 0% |
| 2022 | 74,844 | 165,254 | −90,410 | 319.9 | 12% |
| 2023 | 113,362 | 302,570 | −189,208 | 177.9 | 1% |
In its most recent public year (2023), this organization spent $189,208 more than it brought in. Its reserves stood at about 177.9 months of spending, up from 74.6 in 2011. Staff pay was 1% 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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