Socialworx Institute Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 97,026 | 99,506 | −2,480 | 1.2 | — |
| 2019 | 133,475 | 134,763 | −1,288 | 0.9 | — |
| 2020 | 58,264 | 101,643 | −43,379 | -4.0 | — |
| 2021 | 223,912 | 211,857 | 12,055 | -1.2 | 34% |
| 2022 | 139,693 | 185,077 | −45,384 | -4.3 | 61% |
In its most recent public year (2022), this organization spent $45,384 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-4.3 months), down from 1.2 in 2018. Staff pay was 61% 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 2022. 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
Socialworx Institute Inc's IRS filings as a feed — one entry per filing year, through 2022. 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