Sead Project
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 203,075 | 134,633 | 68,442 | 6.8 | 33% |
| 2020 | 241,508 | 215,461 | 26,047 | 5.5 | 62% |
| 2021 | 702,415 | 545,352 | 157,063 | 5.5 | 37% |
| 2022 | 668,371 | 552,525 | 115,846 | 7.9 | 49% |
| 2023 | 453,179 | 473,317 | −20,138 | 8.7 | 57% |
| 2024 | 526,122 | 537,558 | −11,436 | 7.5 | 53% |
In its most recent public year (2024), this organization spent $11,436 more than it brought in. Its reserves stood at about 7.5 months of spending. Staff pay was 53% of spending. $183,825 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 2024. 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
Sead Project's IRS filings as a feed — one entry per filing year, through 2024. 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