Team Summit
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 2,211,953 | 2,367,249 | −155,296 | 0.5 | 55% |
| 2021 | 2,720,711 | 1,611,466 | 1,109,245 | 9.0 | 45% |
| 2022 | 3,181,160 | 2,771,214 | 409,946 | 7.0 | 48% |
| 2023 | 4,001,469 | 3,622,240 | 379,229 | 6.6 | 52% |
In its most recent public year (2023), this organization brought in $379,229 more than it spent. Its reserves stood at about 6.6 months of spending, up from 0.5 in 2020. Staff pay was 52% of spending. $213,302 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works