Pad Project
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 0 | 0 | 0 | — | — |
| 2018 | 18,002 | 10,424 | 7,578 | 18.5 | 0% |
| 2019 | 1,122,482 | 258,258 | 864,224 | 41.5 | 34% |
| 2020 | 901,401 | 716,034 | 185,367 | 17.3 | 23% |
| 2021 | 677,983 | 865,617 | −187,634 | 11.6 | 27% |
| 2022 | 725,765 | 875,412 | −149,647 | 9.7 | 31% |
| 2023 | 832,565 | 859,295 | −26,730 | 9.5 | 30% |
In its most recent public year (2023), this organization spent $26,730 more than it brought in. Its reserves stood at about 9.5 months of spending. Staff pay was 30% 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
Pad Project'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