Solutions To End Poverty Soon Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 696,698 | 449,026 | 247,672 | 10.6 | 37% |
| 2021 | 429,642 | 503,520 | −73,878 | 7.7 | 45% |
| 2022 | 1,314,894 | 835,905 | 478,989 | 11.5 | 38% |
| 2023 | 1,179,881 | 1,378,756 | −198,875 | 5.2 | 22% |
In its most recent public year (2023), this organization spent $198,875 more than it brought in. Its reserves stood at about 5.2 months of spending, down from 10.6 in 2020. Staff pay was 22% 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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