Kids Scoop News
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 68,815 | 81,514 | −12,699 | -1.9 | — |
| 2017 | 163,304 | 142,785 | 20,519 | 0.7 | — |
| 2018 | 121,619 | 131,643 | −10,024 | -0.2 | — |
| 2019 | 127,675 | 96,846 | 30,829 | 3.5 | — |
| 2020 | 218,697 | 209,411 | 9,286 | 2.2 | 22% |
| 2021 | 288,393 | 271,279 | 17,114 | 2.4 | 9% |
| 2022 | 557,892 | 428,304 | 129,588 | 5.2 | 0% |
| 2023 | 745,839 | 639,265 | 106,574 | 5.5 | 37% |
In its most recent public year (2023), this organization brought in $106,574 more than it spent. Its reserves stood at about 5.5 months of spending, up from -1.9 in 2016. Staff pay was 37% 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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