Helping Ensure Africa Looms International Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 56,734 | 18,674 | 38,060 | 84.6 | — |
| 2021 | 56,974 | 43,342 | 13,632 | 40.2 | — |
| 2022 | 150,658 | 54,431 | 96,227 | 53.2 | — |
| 2023 | 70,914 | 49,101 | 21,813 | 64.3 | — |
In its most recent public year (2023), this organization brought in $21,813 more than it spent. Its reserves stood at about 64.3 months of spending, down from 84.6 in 2020.
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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