Closed Loop Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 285,000 | 531,652 | −246,652 | 10.5 | 0% |
| 2017 | 385,000 | 733,590 | −348,590 | 1.9 | 6% |
| 2018 | 200,000 | 186,176 | 13,824 | 8.4 | 38% |
| 2019 | 350,000 | 158,560 | 191,440 | 24.4 | 16% |
| 2020 | 752,500 | 756,689 | −4,189 | 5.0 | 0% |
| 2021 | 150,000 | 162,096 | −12,096 | 22.7 | — |
| 2022 | 400,000 | 400,901 | −901 | 9.1 | 0% |
| 2023 | 151,788 | 150,769 | 1,019 | 24.4 | — |
In its most recent public year (2023), this organization brought in $1,019 more than it spent. Its reserves stood at about 24.4 months of spending, up from 10.5 in 2016.
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
Closed Loop Foundation's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works