Betterfi
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 850 | 850 | 0 | 0.0 | — |
| 2018 | 184,408 | 48,977 | 135,431 | 33.2 | — |
| 2019 | 68,340 | 85,237 | −16,897 | 16.7 | — |
| 2020 | 159,002 | 107,787 | 51,215 | 18.9 | — |
| 2021 | 369,157 | 127,670 | 241,487 | 38.7 | 43% |
| 2022 | 234,469 | 181,146 | 53,323 | 30.8 | 51% |
| 2023 | 136,745 | 237,304 | −100,559 | 18.4 | — |
In its most recent public year (2023), this organization spent $100,559 more than it brought in. Its reserves stood at about 18.4 months of spending, up from 0 in 2017.
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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