Conect Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 115,340 | 15,445 | 99,895 | 77.6 | 75% |
| 2014 | 121,411 | 129,360 | −7,949 | 8.5 | — |
| 2015 | 109,745 | 101,120 | 8,625 | 11.9 | — |
| 2016 | 82,351 | 151,365 | −69,014 | 2.5 | — |
| 2017 | 190,171 | 156,257 | 33,914 | 5.0 | — |
| 2018 | 134,154 | 173,117 | −38,963 | 1.8 | — |
| 2019 | 250,386 | 164,718 | 85,668 | 8.1 | 47% |
| 2020 | 310,750 | 291,159 | 19,591 | 5.4 | 28% |
| 2021 | 409,528 | 354,207 | 55,321 | 6.3 | 38% |
| 2022 | 82,135 | 203,425 | −121,290 | 3.8 | 37% |
| 2023 | 289,043 | 221,916 | 67,127 | 7.1 | 41% |
In its most recent public year (2023), this organization brought in $67,127 more than it spent. Its reserves stood at about 7.1 months of spending, down from 77.6 in 2013. Staff pay was 41% 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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