Champion Project Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 42,701 | 19,679 | 23,022 | 14.3 | 0% |
| 2021 | 47,082 | 58,663 | −11,581 | 2.4 | 0% |
| 2022 | 207,624 | 115,806 | 91,818 | 10.7 | 0% |
| 2023 | 786,153 | 627,955 | 158,198 | 5.0 | 21% |
In its most recent public year (2023), this organization brought in $158,198 more than it spent. Its reserves stood at about 5 months of spending, down from 14.3 in 2020. Staff pay was 21% 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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