Out In Tech Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 166,516 | 149,373 | 17,143 | 1.6 | — |
| 2017 | 505,737 | 234,055 | 271,682 | 14.9 | 75% |
| 2018 | 609,611 | 366,028 | 243,583 | 17.6 | 70% |
| 2019 | 596,172 | 498,165 | 98,007 | 15.3 | 63% |
| 2020 | 849,548 | 585,635 | 263,913 | 18.4 | 70% |
| 2021 | 2,042,302 | 880,133 | 1,162,169 | 28.1 | 67% |
| 2022 | 2,141,689 | 1,329,005 | 812,684 | 25.9 | 62% |
| 2023 | 2,178,801 | 1,884,273 | 294,528 | 20.2 | 61% |
In its most recent public year (2023), this organization brought in $294,528 more than it spent. Its reserves stood at about 20.2 months of spending, up from 1.6 in 2016. Staff pay was 61% of spending. $235,000 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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