Sound Choice Pharmaceutical Institute
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 325,279 | 326,279 | −1,000 | 4.6 | 36% |
| 2012 | 139,545 | 196,846 | −57,301 | 4.2 | 23% |
| 2013 | 272,867 | 323,050 | −50,183 | 0.7 | 57% |
| 2014 | 198,709 | 194,602 | 4,107 | 1.5 | 66% |
| 2015 | 461,860 | 308,771 | 153,089 | 6.9 | 40% |
| 2016 | 236,594 | 256,321 | −19,727 | 7.4 | 18% |
| 2017 | 233,487 | 265,688 | −32,201 | 5.7 | 35% |
| 2018 | 288,315 | 285,382 | 2,933 | 5.5 | 65% |
| 2019 | 62,605 | 170,622 | −108,017 | 8.5 | 76% |
| 2020 | 87,599 | 119,947 | −32,348 | 9.6 | 71% |
| 2021 | 40,956 | 107,015 | −66,059 | 3.4 | 67% |
| 2022 | 108,178 | 78,858 | 29,320 | 9.0 | 0% |
| 2023 | 10,427 | 76,036 | −65,609 | -1.0 | 0% |
In its most recent public year (2023), this organization spent $65,609 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-1 months), down from 4.6 in 2011. Staff pay was 0% 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
Sound Choice Pharmaceutical Institute'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