Seeqs Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 0 | 960 | −960 | 4.9 | — |
| 2015 | 58,590 | 0 | 58,590 | — | — |
| 2016 | 87,984 | 25,625 | 62,359 | 56.8 | — |
| 2017 | 190,960 | 42,717 | 148,243 | 75.7 | — |
| 2018 | 120,392 | 43,010 | 77,382 | 68.9 | — |
| 2019 | 77,359 | 71,668 | 5,691 | 42.3 | — |
| 2020 | 67,177 | 25,549 | 41,628 | 138.3 | — |
| 2021 | 394,996 | 13,650 | 381,346 | 594.0 | 0% |
| 2022 | 135,406 | 76,366 | 59,040 | 116.4 | 0% |
| 2023 | 185,386 | 110,339 | 75,047 | 88.2 | 0% |
In its most recent public year (2023), this organization brought in $75,047 more than it spent. Its reserves stood at about 88.2 months of spending, up from 4.9 in 2014. Staff pay was 0% of spending. $160,760 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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