Elgin Impact Inc Nfp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 93,324 | 94,064 | −740 | -0.5 | — |
| 2022 | 141,711 | 147,845 | −6,134 | 1.0 | — |
| 2023 | 155,919 | 136,788 | 19,131 | 2.8 | — |
| 2024 | 148,322 | 158,826 | −10,504 | 1.6 | — |
In its most recent public year (2024), this organization spent $10,504 more than it brought in. Its reserves stood at about 1.6 months of spending, up from -0.5 in 2019.
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
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