Songshine Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 87,750 | 100,532 | −12,782 | 9.6 | — |
| 2021 | 79,600 | 91,982 | −12,382 | 12.2 | — |
| 2022 | 147,235 | 103,338 | 43,897 | 16.0 | — |
| 2023 | 93,525 | 123,792 | −30,267 | 10.4 | — |
In its most recent public year (2023), this organization spent $30,267 more than it brought in. Its reserves stood at about 10.4 months 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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