Skills Usa Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 9,072,990 | 8,400,503 | 672,487 | 10.1 | 35% |
| 2020 | 7,887,179 | 9,457,164 | −1,569,985 | 7.2 | 32% |
| 2021 | 11,129,142 | 8,032,078 | 3,097,064 | 13.4 | 34% |
| 2022 | 14,271,991 | 14,931,817 | −659,826 | 6.2 | 22% |
| 2023 | 20,178,083 | 18,488,848 | 1,689,235 | 6.2 | 19% |
In its most recent public year (2023), this organization brought in $1,689,235 more than it spent. Its reserves stood at about 6.2 months of spending, down from 10.1 in 2019. Staff pay was 19% of spending. $3,565,116 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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