Richie Pervan Touch Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 28,876 | 35,275 | −6,399 | 2.7 | — |
| 2021 | 32,200 | 28,015 | 4,185 | 5.2 | — |
| 2022 | 36,959 | 20,550 | 16,409 | 16.7 | — |
| 2023 | 55,949 | 53,802 | 2,147 | 6.9 | — |
In its most recent public year (2023), this organization brought in $2,147 more than it spent. Its reserves stood at about 6.9 months of spending, up from 2.7 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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