Simadon Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 114,974 | 136,665 | −21,691 | 84.6 | 0% |
| 2022 | 112,319 | 137,407 | −25,088 | 81.9 | 0% |
| 2023 | 118,151 | 140,537 | −22,386 | 78.2 | 0% |
In its most recent public year (2023), this organization spent $22,386 more than it brought in. Its reserves stood at about 78.2 months of spending, down from 84.6 in 2021. Staff pay was 0% 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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