Passion For Families
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 846,359 | 716,624 | 129,735 | 1.3 | 24% |
| 2021 | 902,175 | 897,101 | 5,074 | 1.1 | 23% |
In its most recent public year (2021), this organization brought in $5,074 more than it spent. Its reserves stood at about 1.1 months of spending. Staff pay was 23% 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 2021. 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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