Enact Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,063,579 | 2,070,649 | −7,070 | -1.4 | 54% |
| 2012 | 1,726,081 | 1,725,473 | 608 | -1.5 | 49% |
| 2013 | 1,662,632 | 1,662,795 | −163 | -5.0 | 45% |
| 2014 | 2,493,729 | 1,950,372 | 543,357 | -1.0 | 38% |
| 2015 | 2,455,361 | 2,211,660 | 243,701 | 0.5 | 46% |
| 2016 | 2,093,645 | 2,141,826 | −48,181 | 0.2 | 49% |
| 2017 | 1,968,784 | 2,079,270 | −110,486 | -0.5 | 48% |
| 2018 | 1,617,399 | 1,573,607 | 43,792 | -0.3 | 37% |
| 2019 | 1,354,240 | 1,438,003 | −83,763 | -0.7 | 32% |
| 2020 | 1,284,716 | 1,403,374 | −118,658 | -1.8 | 29% |
| 2021 | 2,387,205 | 2,279,202 | 108,003 | -0.5 | 20% |
| 2022 | 2,311,544 | 2,271,503 | 40,041 | -0.3 | 25% |
| 2023 | 1,387,086 | 1,410,433 | −23,347 | -0.7 | 29% |
In its most recent public year (2023), this organization spent $23,347 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-0.7 months). Staff pay was 29% 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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