Scarlet Covering Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 815,464 | 737,437 | 78,027 | 1.9 | 51% |
| 2014 | 894,940 | 884,188 | 10,752 | 1.8 | 51% |
| 2015 | 895,505 | 947,158 | −51,653 | 0.0 | 46% |
| 2016 | 918,146 | 914,860 | 3,286 | 0.0 | 12% |
| 2017 | 1,034,952 | 1,028,250 | 6,702 | 1.4 | 10% |
| 2018 | 1,190,974 | 1,121,466 | 69,508 | 2.0 | 10% |
| 2019 | 1,152,951 | 1,202,738 | −49,787 | 1.4 | 55% |
| 2020 | 1,081,019 | 905,375 | 175,644 | 4.2 | 52% |
| 2021 | 1,114,512 | 1,180,887 | −66,375 | 5.0 | 56% |
| 2022 | 1,608,801 | 1,495,004 | 113,797 | 8.1 | 55% |
| 2023 | 2,192,611 | 1,891,178 | 301,433 | 8.0 | 59% |
In its most recent public year (2023), this organization brought in $301,433 more than it spent. Its reserves stood at about 8 months of spending, up from 1.9 in 2013. Staff pay was 59% 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
Scarlet Covering Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works