Proximity Designs
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 5,303,632 | 5,919,335 | −615,703 | 8.1 | 42% |
| 2012 | 10,272,887 | 6,248,033 | 4,024,854 | 16.6 | 46% |
| 2013 | 4,630,357 | 6,890,478 | −2,260,121 | 9.9 | 27% |
| 2014 | 6,604,952 | 7,331,278 | −726,326 | 10.8 | 38% |
| 2015 | 13,767,845 | 6,562,895 | 7,204,950 | 23.7 | 39% |
| 2016 | 6,438,492 | 7,126,604 | −688,112 | 19.6 | 38% |
| 2017 | 13,306,654 | 7,949,066 | 5,357,588 | 24.2 | 43% |
| 2018 | 14,298,288 | 10,476,317 | 3,821,971 | 21.6 | 41% |
| 2019 | 6,234,232 | 8,599,061 | −2,364,829 | 24.6 | 43% |
| 2020 | 8,501,968 | 6,635,916 | 1,866,052 | 36.6 | 56% |
| 2021 | 7,664,547 | 5,319,550 | 2,344,997 | 50.6 | 57% |
| 2022 | 4,495,096 | 4,765,155 | −270,059 | 55.7 | 46% |
| 2023 | 4,306,910 | 4,808,840 | −501,930 | 53.5 | 43% |
In its most recent public year (2023), this organization spent $501,930 more than it brought in. Its reserves stood at about 53.5 months of spending, up from 8.1 in 2011. Staff pay was 43% of spending. $8,552,677 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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