Reed Next Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 506,290 | 572,874 | −66,584 | -1.4 | 0% |
| 2018 | 1,004,168 | 728,506 | 275,662 | 3.4 | 0% |
| 2019 | 1,063,852 | 1,186,258 | −122,406 | 1.0 | 19% |
| 2020 | 1,834,176 | 1,736,475 | 97,701 | 1.3 | 36% |
| 2021 | 2,863,614 | 3,850,546 | −986,932 | -3.6 | 34% |
| 2022 | 4,377,678 | 4,155,432 | 222,246 | 1.6 | 50% |
| 2023 | 5,059,929 | 4,837,817 | 222,112 | 1.9 | 50% |
In its most recent public year (2023), this organization brought in $222,112 more than it spent. Its reserves stood at about 1.9 months of spending, up from -1.4 in 2017. Staff pay was 50% 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
Reed Next Inc'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