I Fly Young Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 128,170 | 132,875 | −4,705 | 1.8 | — |
| 2018 | 179,671 | 183,526 | −3,855 | 2.1 | — |
| 2019 | 225,450 | 229,535 | −4,085 | 1.5 | 68% |
| 2020 | 186,851 | 159,483 | 27,368 | 4.2 | — |
| 2021 | 198,480 | 161,534 | 36,946 | 6.9 | — |
| 2022 | 346,574 | 257,362 | 89,212 | 8.5 | 58% |
| 2023 | 353,164 | 415,400 | −62,236 | 3.5 | 61% |
In its most recent public year (2023), this organization spent $62,236 more than it brought in. Its reserves stood at about 3.5 months of spending, up from 1.8 in 2017. Staff pay was 61% of spending.
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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