Passages Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 328,508 | 314,028 | 14,480 | 4.2 | 59% |
| 2013 | 330,375 | 301,708 | 28,667 | 5.6 | 59% |
| 2014 | 326,711 | 301,315 | 25,396 | 6.6 | 57% |
| 2015 | 333,488 | 319,620 | 13,868 | 6.7 | 58% |
| 2016 | 375,403 | 353,641 | 21,762 | 6.8 | 59% |
| 2017 | 427,918 | 419,934 | 7,984 | 6.0 | 66% |
| 2018 | 406,423 | 418,018 | −11,595 | 5.7 | 67% |
| 2019 | 562,438 | 537,165 | 25,273 | 5.0 | 63% |
| 2020 | 475,496 | 480,218 | −4,722 | 5.4 | 71% |
| 2021 | 467,767 | 447,888 | 19,879 | 6.4 | 71% |
| 2022 | 487,812 | 464,203 | 23,609 | 6.7 | 73% |
| 2023 | 505,962 | 492,678 | 13,284 | 6.7 | 72% |
| 2024 | 486,806 | 480,977 | 5,829 | 7.0 | 70% |
In its most recent public year (2024), this organization brought in $5,829 more than it spent. Its reserves stood at about 7 months of spending, up from 4.2 in 2012. Staff pay was 70% 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 2024. 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
Passages Inc's IRS filings as a feed — one entry per filing year, through 2024. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works