Soles For Students Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 9,390 | 10,491 | −1,101 | 3.0 | — |
| 2016 | 15,794 | 11,771 | 4,023 | 7.6 | — |
| 2017 | 11,798 | 15,426 | −3,628 | 3.0 | — |
| 2018 | 15,095 | 13,820 | 1,275 | 4.4 | 0% |
| 2019 | 17,219 | 16,411 | 808 | 4.3 | 0% |
In its most recent public year (2019), this organization brought in $808 more than it spent. Its reserves stood at about 4.3 months of spending, up from 3 in 2015. 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 2019. 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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