Solventas Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 217,326 | 102,161 | 115,165 | 13.5 | 67% |
| 2015 | 131,476 | 245,728 | −114,252 | 0.0 | 52% |
| 2016 | 77,198 | 75,192 | 2,006 | 0.5 | — |
| 2017 | 5,323 | 7,197 | −1,874 | 1.7 | — |
| 2018 | 14,397 | 26,469 | −12,072 | -5.0 | — |
| 2019 | 73,285 | 9,319 | 63,966 | 68.2 | — |
| 2020 | 0 | 16,015 | −16,015 | 27.7 | — |
| 2021 | 0 | 5,982 | −5,982 | 62.1 | — |
| 2022 | 0 | 9,275 | −9,275 | 28.0 | — |
| 2023 | 3,347,521 | 1,441,105 | 1,906,416 | 16.0 | 71% |
In its most recent public year (2023), this organization brought in $1,906,416 more than it spent. Its reserves stood at about 16 months of spending, up from 13.5 in 2014. Staff pay was 71% 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
Solventas Foundation's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works