Words Beats And Life Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 433,040 | 444,678 | −11,638 | 3.2 | 28% |
| 2012 | 468,152 | 455,005 | 13,147 | 3.4 | 24% |
| 2013 | 613,084 | 549,202 | 63,882 | 4.3 | 30% |
| 2014 | 563,737 | 665,140 | −101,403 | 0.8 | 24% |
| 2015 | 726,385 | 743,752 | −17,367 | 0.5 | 15% |
| 2016 | 675,606 | 688,548 | −12,942 | 0.4 | 22% |
| 2017 | 619,843 | 596,548 | 23,295 | 1.5 | 21% |
| 2018 | 445,003 | 413,085 | 31,918 | 3.0 | 12% |
| 2019 | 503,547 | 533,747 | −30,200 | 1.6 | 11% |
| 2020 | 509,501 | 514,983 | −5,482 | 0.3 | 15% |
| 2021 | 1,053,933 | 1,032,209 | 21,724 | 0.4 | 8% |
| 2022 | 1,440,378 | 1,250,914 | 189,464 | 2.1 | 9% |
| 2023 | 1,939,183 | 1,826,202 | 112,981 | 2.0 | 10% |
In its most recent public year (2023), this organization brought in $112,981 more than it spent. Its reserves stood at about 2 months of spending, down from 3.2 in 2011. Staff pay was 10% 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
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