Sonic Automotive Family Emergency Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 132,984 | 81,357 | 51,627 | 10.5 | — |
| 2015 | 159,036 | 87,893 | 71,143 | 19.4 | — |
| 2016 | 180,895 | 205,771 | −24,876 | 6.8 | — |
| 2017 | 615,985 | 657,964 | −41,979 | 1.4 | 0% |
| 2018 | 254,002 | 131,160 | 122,842 | 18.1 | 0% |
| 2019 | 255,124 | 177,177 | 77,947 | 18.7 | 0% |
| 2020 | 276,257 | 140,483 | 135,774 | 35.2 | 0% |
| 2021 | 196,472 | 165,720 | 30,752 | 32.1 | 0% |
| 2022 | 196,980 | 315,330 | −118,350 | 12.3 | — |
| 2023 | 185,089 | 209,207 | −24,118 | 17.2 | 0% |
In its most recent public year (2023), this organization spent $24,118 more than it brought in. Its reserves stood at about 17.2 months of spending, up from 10.5 in 2014. Staff pay was 0% 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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