Solutions Project Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 1,527,991 | 973,467 | 554,524 | 7.6 | 26% |
| 2015 | 1,146,662 | 1,372,334 | −225,672 | 3.4 | 25% |
| 2016 | 4,892,480 | 2,745,713 | 2,146,767 | 11.1 | 24% |
| 2017 | 2,392,847 | 3,413,696 | −1,020,849 | 5.3 | 22% |
| 2018 | 3,222,611 | 2,763,506 | 459,105 | 8.6 | 20% |
| 2019 | 1,801,529 | 2,003,633 | −202,104 | 10.6 | 25% |
| 2020 | 45,401,764 | 3,953,475 | 41,448,289 | 131.2 | 15% |
| 2021 | 7,109,557 | 12,107,353 | −4,997,796 | 37.1 | 9% |
| 2022 | 5,188,682 | 14,268,549 | −9,079,867 | 24.5 | 10% |
| 2023 | 19,356,592 | 20,189,264 | −832,672 | 16.8 | 6% |
In its most recent public year (2023), this organization spent $832,672 more than it brought in. Its reserves stood at about 16.8 months of spending, up from 7.6 in 2014. Staff pay was 6% of spending. $8,695,589 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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