North Bay Sikh Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 149,396 | 37,897 | 111,499 | 187.3 | 0% |
| 2013 | 128,648 | 28,345 | 100,303 | 292.8 | 0% |
| 2014 | 86,134 | 29,170 | 56,964 | 306.6 | 0% |
| 2015 | 85,646 | 33,813 | 51,833 | 282.9 | 0% |
| 2016 | 99,013 | 50,272 | 48,741 | 201.9 | 49% |
| 2017 | 103,690 | 68,675 | 35,015 | 153.4 | 35% |
| 2018 | 119,034 | 61,181 | 57,853 | 183.5 | 40% |
| 2019 | 104,034 | 61,077 | 42,957 | 192.7 | 41% |
| 2020 | 97,688 | 62,156 | 35,532 | 196.2 | 42% |
| 2021 | 54,345 | 68,249 | −13,904 | 176.2 | 45% |
| 2022 | 9,600 | 69,872 | −60,272 | 161.8 | 48% |
| 2023 | 12,000 | 279,266 | −267,266 | 30.3 | 13% |
In its most recent public year (2023), this organization spent $267,266 more than it brought in. Its reserves stood at about 30.3 months of spending, down from 187.3 in 2012. Staff pay was 13% 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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