Sail Initiative
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 69,421 | 53,065 | 16,356 | 3.7 | — |
| 2019 | 35,277 | 37,247 | −1,970 | 4.6 | — |
| 2020 | 1,550 | 10,371 | −8,821 | 6.4 | — |
| 2021 | 0 | 0 | 0 | — | — |
| 2022 | 0 | 3,092 | −3,092 | 9.6 | — |
| 2023 | 180,745 | 209,322 | −28,577 | -1.5 | 91% |
| 2024 | 964,118 | 647,263 | 316,855 | 5.4 | 83% |
In its most recent public year (2024), this organization brought in $316,855 more than it spent. Its reserves stood at about 5.4 months of spending, up from 3.7 in 2018. Staff pay was 83% 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 2024. 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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