Smiles For Latin America
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 50,600 | 183,118 | −132,518 | 24.7 | — |
| 2021 | 3,451 | 54,863 | −51,412 | 71.1 | — |
| 2022 | 212,167 | 45,322 | 166,845 | 130.3 | 0% |
| 2023 | 184,074 | 348,227 | −164,153 | 11.3 | — |
In its most recent public year (2023), this organization spent $164,153 more than it brought in. Its reserves stood at about 11.3 months of spending, down from 24.7 in 2020.
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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