Cool Effect Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 6,120,156 | 2,725,683 | 3,394,473 | 13.7 | 8% |
| 2017 | 10,427,735 | 8,886,532 | 1,541,203 | 6.3 | 6% |
| 2018 | 12,015,237 | 9,979,547 | 2,035,690 | 8.2 | 6% |
| 2019 | 5,847,902 | 8,096,702 | −2,248,800 | 6.7 | 7% |
| 2020 | 9,439,081 | 10,237,240 | −798,159 | 4.5 | 6% |
| 2021 | 10,629,134 | 9,139,620 | 1,489,514 | 7.6 | 7% |
| 2022 | 19,212,039 | 18,714,007 | 498,032 | 3.5 | 4% |
| 2023 | 18,784,571 | 19,168,969 | −384,398 | 3.2 | 5% |
In its most recent public year (2023), this organization spent $384,398 more than it brought in. Its reserves stood at about 3.2 months of spending, down from 13.7 in 2016. Staff pay was 5% of spending.
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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