Drilling For Life
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 270,654 | 307,450 | −36,796 | 9.8 | 0% |
| 2021 | 350,325 | 367,155 | −16,830 | 7.7 | 0% |
| 2022 | 749,714 | 388,619 | 361,095 | 18.4 | 0% |
| 2023 | 397,607 | 839,600 | −441,993 | 2.2 | 0% |
In its most recent public year (2023), this organization spent $441,993 more than it brought in. Its reserves stood at about 2.2 months of spending, down from 9.8 in 2020. Staff pay was 0% 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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