Palaver Strings Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 38,750 | 39,843 | −1,093 | 0.2 | — |
| 2017 | 80,290 | 79,894 | 396 | 0.2 | — |
| 2018 | 153,568 | 156,145 | −2,577 | -0.1 | — |
| 2019 | 217,772 | 204,481 | 13,291 | 0.7 | 7% |
| 2020 | 282,795 | 299,865 | −17,070 | -0.2 | 59% |
| 2021 | 340,191 | 281,993 | 58,198 | 2.2 | 41% |
| 2022 | 548,970 | 515,047 | 33,923 | 1.6 | 51% |
| 2023 | 627,876 | 598,545 | 29,331 | 2.0 | 49% |
In its most recent public year (2023), this organization brought in $29,331 more than it spent. Its reserves stood at about 2 months of spending, up from 0.2 in 2016. Staff pay was 49% of spending. $55,000 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 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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