Debt Reduction Services Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 4,669,601 | 4,946,025 | −276,424 | 0.3 | 52% |
| 2012 | 5,218,278 | 4,966,523 | 251,755 | 0.9 | 52% |
| 2013 | 5,358,050 | 5,092,919 | 265,131 | 1.5 | 52% |
| 2014 | 4,800,083 | 5,307,386 | −507,303 | 0.3 | 50% |
| 2015 | 4,244,667 | 4,424,115 | −179,448 | -0.1 | 57% |
| 2016 | 4,237,045 | 3,966,240 | 270,805 | 0.7 | 54% |
| 2017 | 4,261,323 | 3,980,484 | 280,839 | 1.5 | 55% |
| 2018 | 4,148,985 | 4,102,590 | 46,395 | 1.6 | 54% |
| 2019 | 3,919,311 | 3,900,833 | 18,478 | 1.8 | 57% |
| 2020 | 3,644,677 | 3,740,751 | −96,074 | 1.5 | 58% |
| 2021 | 3,505,224 | 3,078,595 | 426,629 | 3.5 | 62% |
| 2022 | 2,593,429 | 2,938,233 | −344,804 | 2.1 | 54% |
| 2023 | 2,344,933 | 2,785,187 | −440,254 | 0.3 | 64% |
In its most recent public year (2023), this organization spent $440,254 more than it brought in. Its reserves stood at about 0.3 months of spending. Staff pay was 64% 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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