Paint Love Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 92,335 | 121,667 | −29,332 | 1.6 | 66% |
| 2021 | 147,457 | 108,543 | 38,914 | 6.0 | 54% |
| 2022 | 295,298 | 234,144 | 61,154 | 6.0 | 42% |
| 2023 | 384,001 | 296,565 | 87,436 | 8.2 | 53% |
In its most recent public year (2023), this organization brought in $87,436 more than it spent. Its reserves stood at about 8.2 months of spending, up from 1.6 in 2020. Staff pay was 53% 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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