Seattle Jobs Initiative
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 3,953,486 | 4,060,975 | −107,489 | 10.1 | 53% |
| 2021 | 5,071,814 | 4,623,950 | 447,864 | 10.1 | 56% |
| 2022 | 6,314,257 | 6,147,815 | 166,442 | 7.9 | 51% |
| 2023 | 6,153,507 | 6,547,590 | −394,083 | 6.7 | 57% |
In its most recent public year (2023), this organization spent $394,083 more than it brought in. Its reserves stood at about 6.7 months of spending, down from 10.1 in 2020. Staff pay was 57% of spending. $2,121 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works