Pace Finance Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 95,245 | 87,588 | 7,657 | 32.0 | — |
| 2012 | 2,911 | 88,266 | −85,355 | 20.2 | — |
| 2013 | 847,446 | 55,944 | 791,502 | 201.6 | 0% |
| 2014 | 165,283 | 110,903 | 54,380 | 107.6 | 0% |
| 2015 | 405,392 | 229,488 | 175,904 | 61.2 | 0% |
| 2016 | 1,084,830 | 276,825 | 808,005 | 85.7 | 0% |
| 2017 | 763,911 | 418,244 | 345,667 | 66.7 | 0% |
| 2018 | 1,156,151 | 433,053 | 723,098 | 84.4 | 0% |
| 2019 | 7,052,015 | 432,215 | 6,619,800 | 266.5 | 20% |
| 2020 | 1,518,931 | 531,281 | 987,650 | 239.1 | 50% |
| 2021 | 2,494,562 | 1,182,247 | 1,312,315 | 120.8 | 26% |
| 2022 | 4,424,340 | 1,437,374 | 2,986,966 | 124.3 | 23% |
| 2023 | 1,408,934 | 1,179,704 | 229,230 | 156.1 | 33% |
In its most recent public year (2023), this organization brought in $229,230 more than it spent. Its reserves stood at about 156.1 months of spending, up from 32 in 2011. Staff pay was 33% of spending. $2,626,565 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
Pace Finance Corporation'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