Southern Independent Formalwear Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 58,306 | 64,791 | −6,485 | 6.9 | 0% |
| 2017 | 140,732 | 129,375 | 11,357 | 4.5 | 0% |
| 2018 | 148,818 | 144,793 | 4,025 | 4.4 | 0% |
| 2019 | 148,466 | 137,884 | 10,582 | 5.5 | 0% |
| 2020 | 4,850 | 47,947 | −43,097 | 7.5 | 0% |
| 2021 | 129,082 | 107,932 | 21,150 | 5.7 | 0% |
| 2022 | 109,464 | 85,251 | 24,213 | 10.6 | 0% |
| 2023 | 91,218 | 103,613 | −12,395 | 7.3 | 0% |
In its most recent public year (2023), this organization spent $12,395 more than it brought in. Its reserves stood at about 7.3 months of spending. Staff pay was 0% 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
Southern Independent Formalwear Association'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