Sound Communities Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 0 | 5,987 | −5,987 | -12.0 | 0% |
| 2022 | 8,748 | 155,613 | −146,865 | -11.8 | 0% |
| 2023 | 5,455,656 | 1,322,692 | 4,132,964 | 36.1 | 9% |
In its most recent public year (2023), this organization brought in $4,132,964 more than it spent. Its reserves stood at about 36.1 months of spending, up from -12 in 2021. Staff pay was 9% of spending. $3,980,112 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
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