False Profit Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 0 | 43,934 | −43,934 | 21.3 | 0% |
| 2021 | 40,157 | 47,867 | −7,710 | 17.6 | — |
| 2022 | 148,693 | 143,042 | 5,651 | 6.4 | — |
| 2023 | 272,595 | 235,058 | 37,537 | 5.8 | 0% |
In its most recent public year (2023), this organization brought in $37,537 more than it spent. Its reserves stood at about 5.8 months of spending, down from 21.3 in 2020. Staff pay was 0% 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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