Recess Collective
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 137,745 | 156,929 | −19,184 | -3.2 | — |
| 2020 | 79,915 | 73,612 | 6,303 | -5.8 | — |
| 2021 | 34,244 | 48,066 | −13,822 | -12.3 | — |
In its most recent public year (2021), this organization spent $13,822 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-12.3 months), down from -3.2 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 2021. 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
Recess Collective's IRS filings as a feed — one entry per filing year, through 2021. 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