Truthful Beginnings
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 74,455 | 68,705 | 5,750 | 1.0 | — |
| 2020 | 123,761 | 91,658 | 32,103 | 4.8 | — |
| 2021 | 152,453 | 149,810 | 2,643 | 3.1 | — |
| 2022 | 155,676 | 163,451 | −7,775 | 2.3 | — |
| 2023 | 146,229 | 194,327 | −48,098 | -1.0 | — |
In its most recent public year (2023), this organization spent $48,098 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-1 months), down from 1 in 2019.
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
Truthful Beginnings'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