Chops Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 50,690 | 54,148 | −3,458 | 4.9 | 0% |
| 2012 | 59,030 | 34,012 | 25,018 | 15.2 | 0% |
| 2013 | 216,440 | 80,158 | 136,282 | 26.8 | 0% |
| 2014 | 232,914 | 137,542 | 95,372 | 24.0 | 0% |
| 2015 | 319,099 | 201,677 | 117,422 | 23.3 | 0% |
| 2016 | 259,396 | 232,083 | 27,313 | 26.5 | 0% |
| 2017 | 351,999 | 378,375 | −26,376 | 14.8 | 0% |
| 2018 | 301,676 | 297,875 | 3,801 | 18.9 | 0% |
| 2019 | 264,776 | 196,608 | 68,168 | 6.8 | 0% |
| 2020 | 104,155 | 117,281 | −13,126 | 10.0 | 17% |
| 2021 | 803,393 | 472,637 | 330,756 | 10.9 | 17% |
| 2022 | 520,718 | 486,382 | 34,336 | 11.3 | 28% |
| 2023 | 594,885 | 530,388 | 64,497 | 11.8 | 40% |
In its most recent public year (2023), this organization brought in $64,497 more than it spent. Its reserves stood at about 11.8 months of spending, up from 4.9 in 2011. Staff pay was 40% of spending. $291,733 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
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