Solomons Mission
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 143,074 | 74,721 | 68,353 | 29.6 | — |
| 2019 | 72,692 | 76,381 | −3,689 | 53.4 | — |
| 2020 | 74,602 | 101,951 | −27,349 | 36.8 | — |
| 2021 | 109,142 | 88,865 | 20,277 | 45.0 | — |
| 2022 | 104,526 | 95,619 | 8,907 | 42.7 | — |
| 2023 | 123,233 | 117,798 | 5,435 | 35.3 | — |
In its most recent public year (2023), this organization brought in $5,435 more than it spent. Its reserves stood at about 35.3 months of spending, up from 29.6 in 2018.
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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