Carobell Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 7,039,975 | 6,605,808 | 434,167 | 2.9 | 64% |
| 2022 | 7,779,655 | 6,362,220 | 1,417,435 | 5.6 | 63% |
| 2023 | 8,041,395 | 7,115,407 | 925,988 | 6.6 | 63% |
| 2024 | 7,104,222 | 7,459,413 | −355,191 | 5.7 | 64% |
In its most recent public year (2024), this organization spent $355,191 more than it brought in. Its reserves stood at about 5.7 months of spending, up from 2.9 in 2021. Staff pay was 64% 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 2024. 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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