Reach Memphis
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 269,552 | 263,913 | 5,639 | 5.2 | 19% |
| 2012 | 327,248 | 312,466 | 14,782 | 4.9 | 5% |
| 2014 | 453,296 | 392,492 | 60,804 | 7.9 | 55% |
| 2015 | 688,917 | 595,893 | 93,024 | 7.0 | 36% |
| 2016 | 1,112,216 | 720,875 | 391,341 | 12.4 | 40% |
| 2017 | 737,723 | 791,966 | −54,243 | 10.5 | 48% |
| 2018 | 753,836 | 716,185 | 37,651 | 12.2 | 47% |
| 2019 | 491,990 | 551,736 | −59,746 | 14.4 | 56% |
| 2020 | 1,040,196 | 437,277 | 602,919 | 34.8 | 70% |
| 2021 | 499,664 | 479,814 | 19,850 | 34.4 | 63% |
| 2022 | 318,276 | 509,027 | −190,751 | 23.6 | 57% |
| 2023 | 464,175 | 484,040 | −19,865 | 25.1 | 56% |
In its most recent public year (2023), this organization spent $19,865 more than it brought in. Its reserves stood at about 25.1 months of spending, up from 5.2 in 2011. Staff pay was 56% of spending. $527,407 of its net assets are donor-restricted.
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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