Smile & Olive Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 77,979 | 101,045 | −23,066 | 7.5 | — |
| 2021 | 104,473 | 70,370 | 34,103 | 16.6 | — |
| 2022 | 324,966 | 165,954 | 159,012 | 18.5 | 0% |
| 2023 | 663,819 | 857,034 | −193,215 | 0.9 | 0% |
In its most recent public year (2023), this organization spent $193,215 more than it brought in. Its reserves stood at about 0.9 months of spending, down from 7.5 in 2020. Staff pay was 0% 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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