Connect To Compete Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 156,139 | 2,968,722 | −2,812,583 | 12.9 | 16% |
| 2014 | 912,774 | 1,961,216 | −1,048,442 | 13.2 | 31% |
| 2015 | 1,094,711 | 1,906,191 | −811,480 | 8.0 | 49% |
| 2016 | 2,302,410 | 1,787,547 | 514,863 | 12.0 | 63% |
| 2017 | 1,708,607 | 2,257,057 | −548,450 | 6.6 | 55% |
| 2018 | 793,257 | 1,505,854 | −712,597 | 4.2 | 56% |
| 2019 | 660,955 | 661,749 | −794 | 9.5 | 60% |
| 2020 | 1,695,799 | 673,663 | 1,022,136 | 27.5 | 53% |
| 2021 | 1,764,857 | 1,251,502 | 513,355 | 19.7 | 46% |
| 2022 | 1,647,124 | 1,664,963 | −17,839 | 14.7 | 55% |
| 2023 | 2,218,055 | 1,852,891 | 365,164 | 15.6 | 55% |
In its most recent public year (2023), this organization brought in $365,164 more than it spent. Its reserves stood at about 15.6 months of spending, up from 12.9 in 2013. Staff pay was 55% of spending. $1,785,574 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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