1040 Connections Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 444,306 | 409,714 | 34,592 | 9.8 | 37% |
| 2012 | 535,262 | 391,089 | 144,173 | 14.7 | 36% |
| 2013 | 451,764 | 481,662 | −29,898 | 11.2 | 31% |
| 2014 | 569,934 | 450,013 | 119,921 | 15.2 | 33% |
| 2015 | 393,170 | 326,882 | 66,288 | 23.4 | 43% |
| 2016 | 406,368 | 480,658 | −74,290 | 14.2 | 28% |
| 2017 | 467,473 | 415,705 | 51,768 | 18.4 | 31% |
| 2018 | 472,386 | 348,048 | 124,338 | 26.1 | 47% |
| 2019 | 421,068 | 423,568 | −2,500 | 22.2 | 37% |
| 2020 | 441,072 | 342,488 | 98,584 | 32.1 | 42% |
| 2021 | 578,437 | 417,253 | 161,184 | 31.6 | 34% |
| 2022 | 1,447,766 | 344,302 | 1,103,464 | 73.9 | 45% |
| 2023 | 481,377 | 556,334 | −74,957 | 45.3 | 31% |
In its most recent public year (2023), this organization spent $74,957 more than it brought in. Its reserves stood at about 45.3 months of spending, up from 9.8 in 2011. Staff pay was 31% of spending. $313,841 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
1040 Connections Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works