Knots Of Love Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 293,049 | 313,600 | −20,551 | 1.9 | 18% |
| 2012 | 319,952 | 300,711 | 19,241 | 2.7 | 18% |
| 2013 | 330,578 | 357,243 | −26,665 | 1.4 | 16% |
| 2014 | 406,305 | 412,180 | −5,875 | 1.0 | 14% |
| 2015 | 410,044 | 402,913 | 7,131 | 1.3 | 14% |
| 2016 | 403,585 | 410,032 | −6,447 | 1.0 | 15% |
| 2017 | 399,222 | 409,021 | −9,799 | 0.8 | 15% |
| 2018 | 432,693 | 440,094 | −7,401 | 0.5 | 14% |
| 2019 | 451,378 | 461,573 | −10,195 | 0.5 | 13% |
| 2020 | 585,843 | 568,786 | 17,057 | 0.8 | 11% |
| 2021 | 643,498 | 618,265 | 25,233 | 1.2 | 8% |
| 2022 | 660,312 | 577,003 | 83,309 | 3.0 | 12% |
| 2023 | 211,200 | 231,787 | −20,587 | 6.4 | 32% |
In its most recent public year (2023), this organization spent $20,587 more than it brought in. Its reserves stood at about 6.4 months of spending, up from 1.9 in 2011. Staff pay was 32% 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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