Colors Of Connection Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 91,179 | 62,135 | 29,044 | 5.6 | — |
| 2019 | 143,321 | 108,416 | 34,905 | 7.1 | — |
| 2020 | 110,522 | 105,429 | 5,093 | 7.8 | — |
| 2021 | 119,046 | 145,709 | −26,663 | 3.1 | — |
| 2022 | 148,225 | 162,540 | −14,315 | 3.8 | — |
| 2023 | 185,042 | 118,412 | 66,630 | 11.3 | — |
In its most recent public year (2023), this organization brought in $66,630 more than it spent. Its reserves stood at about 11.3 months of spending, up from 5.6 in 2018.
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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