Skywatchtv Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 680,925 | 731,828 | −50,903 | 7.9 | 54% |
| 2018 | 1,237,637 | 797,919 | 439,718 | 13.9 | 62% |
| 2019 | 3,556,270 | 1,708,913 | 1,847,357 | 19.1 | 7% |
| 2020 | 3,814,185 | 2,812,231 | 1,001,954 | 16.4 | 1% |
| 2021 | 2,281,451 | 2,605,077 | −323,626 | 16.2 | 16% |
| 2022 | 796,233 | 2,330,704 | −1,534,471 | 10.2 | 26% |
| 2023 | 1,675,864 | 2,101,096 | −425,232 | 8.9 | 34% |
In its most recent public year (2023), this organization spent $425,232 more than it brought in. Its reserves stood at about 8.9 months of spending. Staff pay was 34% of spending. $571,947 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
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