Bonafide Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 627,579 | 223,059 | 404,520 | 29.2 | 33% |
| 2022 | 760,007 | 547,518 | 212,489 | 16.6 | 35% |
| 2023 | 1,160,364 | 1,033,386 | 126,978 | 10.3 | 35% |
In its most recent public year (2023), this organization brought in $126,978 more than it spent. Its reserves stood at about 10.3 months of spending, down from 29.2 in 2021. Staff pay was 35% of spending. $84,980 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
Bonafide 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