Able 2 Shine Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 98,742 | 75,519 | 23,223 | 5.6 | — |
| 2021 | 45,086 | 20,272 | 24,814 | 43.4 | — |
| 2022 | 58,772 | 34,978 | 23,794 | 33.3 | — |
| 2023 | 17,053 | 52,097 | −35,044 | 14.3 | — |
In its most recent public year (2023), this organization spent $35,044 more than it brought in. Its reserves stood at about 14.3 months of spending, up from 5.6 in 2019.
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
Able 2 Shine Foundation's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works