Nextech Org Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2022 | 1,296,882 | 1,452,391 | −155,509 | 28.0 | 40% |
| 2023 | 2,635,956 | 1,977,038 | 658,918 | 26.1 | 42% |
In its most recent public year (2023), this organization brought in $658,918 more than it spent. Its reserves stood at about 26.1 months of spending, down from 28 in 2022. Staff pay was 42% 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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