Operating record

Braveworks

Charlotte, NC · EIN 32-0423402 · files full Form 990 · latest public year 2023

YearMoney inMoney outResultReserve mo.Staffing
2020$464,735$487,302−$22,5673.854%
2021$616,532$634,860−$18,3282.551%
2022$868,110$759,068$109,0423.847%
2023$765,866$860,769−$94,9032.145%

In its most recent public year (2023), this organization spent $94,903 more than it brought in. Its reserves stood at about 2.1 months of spending, down from 3.8 in 2020. Staff pay was 45% 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 ↗