Looptfoundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 6,891 | 5,730 | 1,161 | -118.6 | 0% |
| 2021 | 16,408,583 | 16,359,020 | 49,563 | -0.0 | 0% |
| 2022 | 121,398 | 109,464 | 11,934 | 0.5 | 55% |
| 2023 | 78,031 | 67,739 | 10,292 | 2.7 | 49% |
In its most recent public year (2023), this organization brought in $10,292 more than it spent. Its reserves stood at about 2.7 months of spending, up from -118.6 in 2020. Staff pay was 49% 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
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