Elevated Thought Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,088 | 703 | 385 | 11.8 | — |
| 2012 | 0 | 0 | 0 | — | — |
| 2013 | 0 | 0 | 0 | — | — |
| 2014 | 33,007 | 0 | 33,007 | — | — |
| 2015 | 166,758 | 0 | 166,758 | — | — |
| 2016 | 183,823 | 194,009 | −10,186 | 1.1 | — |
| 2017 | 175,644 | 127,304 | 48,340 | 6.2 | — |
| 2018 | 205,368 | 188,272 | 17,096 | 4.2 | 60% |
| 2019 | 385,412 | 411,013 | −25,601 | 1.2 | 61% |
| 2020 | 616,599 | 325,130 | 291,469 | 12.3 | 58% |
| 2021 | 1,012,461 | 739,542 | 272,919 | 9.0 | 47% |
| 2022 | 3,235,330 | 1,517,332 | 1,717,998 | 18.4 | 53% |
| 2023 | 1,378,207 | 2,313,085 | −934,878 | 7.2 | 54% |
In its most recent public year (2023), this organization spent $934,878 more than it brought in. Its reserves stood at about 7.2 months of spending, down from 11.8 in 2011. Staff pay was 54% 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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