Passion Works
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 25,893 | 13,344 | 12,549 | 11.3 | — |
| 2018 | 184,626 | 170,740 | 13,886 | 1.9 | 0% |
| 2019 | 292,875 | 241,216 | 51,659 | 3.9 | 25% |
| 2020 | 425,922 | 378,708 | 47,214 | 4.0 | 50% |
| 2021 | 633,062 | 507,692 | 125,370 | 5.9 | 47% |
| 2022 | 610,171 | 635,472 | −25,301 | 4.3 | 55% |
| 2023 | 681,664 | 655,545 | 26,119 | 4.6 | 57% |
In its most recent public year (2023), this organization brought in $26,119 more than it spent. Its reserves stood at about 4.6 months of spending, down from 11.3 in 2017. Staff pay was 57% 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
Passion Works'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