Ferrari Kid
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 124,677 | 167,372 | −42,695 | 0.3 | 44% |
| 2021 | 260,191 | 198,956 | 61,235 | 4.0 | 35% |
| 2022 | 200,653 | 178,293 | 22,360 | 5.9 | 38% |
| 2023 | 217,405 | 177,609 | 39,796 | 8.1 | 48% |
In its most recent public year (2023), this organization brought in $39,796 more than it spent. Its reserves stood at about 8.1 months of spending, up from 0.3 in 2020. Staff pay was 48% 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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