Red Shoes Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 127,413 | 110,533 | 16,880 | 27.7 | — |
| 2012 | 120,160 | 110,220 | 9,940 | 27.8 | — |
| 2013 | 151,610 | 108,525 | 43,085 | 32.2 | — |
| 2014 | 168,295 | 126,406 | 41,889 | 31.5 | — |
| 2015 | 171,943 | 134,693 | 37,250 | 34.1 | — |
| 2016 | 156,499 | 147,561 | 8,938 | 31.2 | — |
| 2017 | 174,403 | 140,842 | 33,561 | 34.0 | — |
| 2018 | 266,908 | 155,604 | 111,304 | 41.0 | 67% |
| 2019 | 335,444 | 226,687 | 108,757 | 33.9 | 49% |
| 2020 | 208,116 | 173,698 | 34,418 | 46.6 | 67% |
| 2021 | 218,440 | 105,372 | 113,068 | 88.3 | 40% |
| 2022 | 190,033 | 178,386 | 11,647 | 53.0 | 67% |
| 2023 | 222,230 | 199,383 | 22,847 | 48.8 | 68% |
In its most recent public year (2023), this organization brought in $22,847 more than it spent. Its reserves stood at about 48.8 months of spending, up from 27.7 in 2011. Staff pay was 68% of spending. $159,098 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
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