Sound Landing
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 500 | 500 | 0 | 0.0 | 0% |
| 2011 | 10,000 | 10,000 | 0 | 0.0 | 0% |
| 2012 | 175,537 | 179,022 | −3,485 | 1.8 | — |
| 2013 | 285,390 | 166,139 | 119,251 | 10.5 | 23% |
| 2014 | 230,929 | 345,504 | −114,575 | 1.1 | 9% |
| 2015 | 280,929 | 298,332 | −17,403 | 0.6 | 14% |
| 2016 | 230,054 | 239,429 | −9,375 | 0.2 | 4% |
| 2017 | 130,981 | 131,106 | −125 | 0.4 | — |
| 2018 | 661,637 | 602,567 | 59,070 | 1.3 | 0% |
| 2019 | 559,157 | 446,325 | 112,832 | 4.8 | 0% |
| 2020 | 364,028 | 458,575 | −94,547 | 3.0 | 6% |
| 2021 | 243,539 | 321,030 | −77,491 | 1.2 | 11% |
| 2022 | 119,186 | 191,358 | −72,172 | -2.3 | 19% |
In its most recent public year (2022), this organization spent $72,172 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-2.3 months), down from 0 in 2010. Staff pay was 19% 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 2022. 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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