Reesspecht Life Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 88,405 | 48,883 | 39,522 | 9.7 | — |
| 2015 | 59,756 | 59,237 | 519 | 8.1 | — |
| 2016 | 62,393 | 79,290 | −16,897 | 3.5 | — |
| 2017 | 98,215 | 113,215 | −15,000 | 0.9 | — |
| 2018 | 44,525 | 33,578 | 10,947 | 6.8 | — |
| 2019 | 97,186 | 122,915 | −25,729 | -0.6 | — |
| 2020 | 70,050 | 71,297 | −1,247 | -1.3 | — |
| 2021 | 37,790 | 70,524 | −32,734 | -6.9 | — |
| 2022 | 69,564 | 106,507 | −36,943 | -8.7 | — |
| 2023 | 79,913 | 95,226 | −15,313 | -11.7 | — |
In its most recent public year (2023), this organization spent $15,313 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-11.7 months), down from 9.7 in 2014.
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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