Solar Electric Light Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 1,683,373 | 1,937,164 | −253,791 | 2.7 | 43% |
| 2020 | 1,989,003 | 2,377,820 | −388,817 | 0.2 | 32% |
| 2021 | 3,233,747 | 2,046,303 | 1,187,444 | 8.0 | 26% |
| 2022 | 1,245,355 | 1,735,202 | −489,847 | 6.0 | 25% |
| 2023 | 971,372 | 1,073,143 | −101,771 | 8.6 | 52% |
In its most recent public year (2023), this organization spent $101,771 more than it brought in. Its reserves stood at about 8.6 months of spending, up from 2.7 in 2019. Staff pay was 52% of spending. $305,350 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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