Colorado Elevation Fc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 561,512 | 478,084 | 83,428 | 4.1 | 0% |
| 2021 | 1,173,225 | 994,045 | 179,180 | 4.4 | 2% |
| 2022 | 1,630,692 | 1,585,722 | 44,970 | 3.1 | 7% |
| 2023 | 1,719,555 | 1,714,453 | 5,102 | 2.9 | 7% |
In its most recent public year (2023), this organization brought in $5,102 more than it spent. Its reserves stood at about 2.9 months of spending, down from 4.1 in 2020. Staff pay was 7% 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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