Radio Waves Of Love Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 791,810 | 745,818 | 45,992 | 2.0 | 28% |
| 2020 | 668,083 | 799,269 | −131,186 | -0.1 | 41% |
| 2021 | 731,078 | 653,800 | 77,278 | 1.3 | 51% |
| 2022 | 729,032 | 723,582 | 5,450 | 1.2 | 33% |
| 2023 | 766,769 | 523,495 | 243,274 | 7.0 | 23% |
In its most recent public year (2023), this organization brought in $243,274 more than it spent. Its reserves stood at about 7 months of spending, up from 2 in 2019. Staff pay was 23% 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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