Rapid Science Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 281,088 | 226,817 | 54,271 | 5.5 | 66% |
| 2021 | 22,500 | 117,335 | −94,835 | 0.9 | 81% |
| 2022 | 104,930 | 29,129 | 75,801 | 34.9 | 19% |
| 2023 | 10,000 | 77,662 | −67,662 | 2.6 | — |
In its most recent public year (2023), this organization spent $67,662 more than it brought in. Its reserves stood at about 2.6 months of spending, down from 5.5 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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