Sowing Empowerment And Economic Development Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 2,786,870 | 2,707,603 | 79,267 | 0.2 | 77% |
| 2019 | 421,399 | 526,675 | −105,276 | -1.1 | 64% |
| 2020 | 578,859 | 545,705 | 33,154 | -0.4 | 53% |
| 2021 | 1,250,126 | 1,423,547 | −173,421 | -1.6 | 24% |
| 2022 | 1,185,391 | 1,218,140 | −32,749 | -2.2 | 0% |
| 2023 | 1,276,823 | 1,055,397 | 221,426 | -0.1 | 41% |
In its most recent public year (2023), this organization brought in $221,426 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-0.1 months). Staff pay was 41% 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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