Kinetix Global Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 161,277 | 99,285 | 61,992 | 9.2 | — |
| 2020 | 559,080 | 529,946 | 29,134 | 2.4 | 37% |
| 2021 | 623,696 | 447,815 | 175,881 | 7.5 | 77% |
| 2022 | 690,645 | 735,085 | −44,440 | 3.9 | 68% |
| 2023 | 1,235,853 | 1,078,721 | 157,132 | 4.4 | 75% |
In its most recent public year (2023), this organization brought in $157,132 more than it spent. Its reserves stood at about 4.4 months of spending, down from 9.2 in 2019. Staff pay was 75% of spending. $380,552 of its net assets are donor-restricted.
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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