516 Now Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 121,525 | 119,876 | 1,649 | 4.5 | 0% |
| 2021 | 129,434 | 126,443 | 2,991 | 4.5 | 0% |
| 2022 | 155,249 | 160,159 | −4,910 | 3.2 | 0% |
| 2023 | 134,232 | 134,472 | −240 | 3.8 | 0% |
In its most recent public year (2023), this organization spent $240 more than it brought in. Its reserves stood at about 3.8 months of spending. 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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