Seek Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 17,435 | 17,032 | 403 | 0.3 | — |
| 2014 | 68,919 | 68,543 | 376 | 0.1 | — |
| 2015 | 111,353 | 112,089 | −736 | 0.0 | — |
| 2016 | 176,677 | 165,213 | 11,464 | 0.8 | — |
| 2017 | 31,227 | 19,382 | 11,845 | 14.5 | — |
| 2018 | 135,447 | 183,871 | −48,424 | -1.6 | — |
| 2019 | 390,060 | 389,828 | 232 | 0.7 | 13% |
| 2020 | 570,296 | 450,998 | 119,298 | 3.8 | 27% |
| 2021 | 393,214 | 605,307 | −212,093 | -5.4 | 19% |
| 2022 | 628,282 | 769,085 | −140,803 | -6.1 | 16% |
In its most recent public year (2022), this organization spent $140,803 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-6.1 months), down from 0.3 in 2013. Staff pay was 16% 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 2022. 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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