Bagly Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,826,628 | 1,651,210 | 175,418 | 5.1 | 45% |
| 2021 | 2,003,712 | 1,698,711 | 305,001 | 7.2 | 44% |
| 2022 | 2,593,164 | 2,247,744 | 345,420 | 7.2 | 42% |
| 2023 | 3,018,733 | 3,076,645 | −57,912 | 5.1 | 42% |
In its most recent public year (2023), this organization spent $57,912 more than it brought in. Its reserves stood at about 5.1 months of spending. Staff pay was 42% of spending. $338,342 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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