First Twenty
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 166,923 | 138,662 | 28,261 | 2.5 | — |
| 2017 | 388,102 | 408,475 | −20,373 | 0.3 | 0% |
| 2018 | 107,300 | 192,138 | −84,838 | -4.8 | 0% |
| 2019 | 91,731 | 140,526 | −48,795 | -10.7 | — |
| 2020 | 98,497 | 139,727 | −41,230 | -14.3 | — |
| 2021 | 230,129 | 151,628 | 78,501 | -6.9 | 0% |
| 2022 | 85,442 | 81,810 | 3,632 | -12.3 | — |
| 2023 | 96 | 37,556 | −37,460 | -38.8 | — |
In its most recent public year (2023), this organization spent $37,460 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-38.8 months), down from 2.5 in 2016.
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
First Twenty's IRS filings as a feed — one entry per filing year, through 2023. 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