Smc Equipment Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 359,257 | 108,671 | 250,586 | 27.7 | 0% |
| 2019 | 599,900 | 315,345 | 284,555 | 20.4 | 0% |
| 2020 | 685,285 | 1,748,225 | −1,062,940 | -7.3 | 0% |
| 2021 | 317,696 | 2,045,250 | −1,727,554 | -16.4 | 0% |
| 2022 | 337,793 | 2,487,286 | −2,149,493 | -23.8 | 0% |
| 2023 | 850,932 | 3,172,283 | −2,321,351 | -27.5 | 0% |
In its most recent public year (2023), this organization spent $2,321,351 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-27.5 months), down from 27.7 in 2018. Staff pay was 0% 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
Smc Equipment Inc'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