Mike Yancy S Place Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 35,006 | 9,473 | 25,533 | 32.3 | — |
| 2016 | 19,506 | 17,596 | 1,910 | 18.7 | — |
| 2017 | 544 | 13,800 | −13,256 | 12.3 | — |
| 2018 | 767 | 7,429 | −6,662 | 12.2 | — |
| 2019 | 14,129 | 12,790 | 1,339 | 8.3 | — |
| 2020 | 18,349 | 22,221 | −3,872 | 2.7 | — |
In its most recent public year (2020), this organization spent $3,872 more than it brought in. Its reserves stood at about 2.7 months of spending, down from 32.3 in 2015.
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 2020. 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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