Sound Of Love Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 6,700 | 0 | 6,700 | — | — |
| 2013 | 144,272 | 150,228 | −5,956 | 0.1 | — |
| 2014 | 200,120 | 196,793 | 3,327 | 0.2 | 45% |
| 2015 | 202,813 | 178,198 | 24,615 | 1.9 | 17% |
| 2016 | 219,502 | 233,923 | −14,421 | 0.7 | 35% |
| 2017 | 61,871 | 60,934 | 937 | 4.0 | — |
| 2018 | 72,277 | 59,988 | 12,289 | 7.6 | — |
| 2019 | 75,649 | 76,471 | −822 | 5.8 | — |
| 2020 | 17,899 | 29,090 | −11,191 | 10.7 | — |
| 2021 | 50,961 | 32,117 | 18,844 | 16.7 | — |
| 2022 | 62,373 | 59,426 | 2,947 | 9.6 | — |
| 2023 | 54,980 | 47,180 | 7,800 | 14.1 | — |
In its most recent public year (2023), this organization brought in $7,800 more than it spent. Its reserves stood at about 14.1 months 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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