Refraction Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 1,310,784 | 763,678 | 547,106 | 8.6 | 19% |
| 2020 | 321,943 | 395,864 | −73,921 | 14.4 | 74% |
| 2021 | 781,161 | 675,217 | 105,944 | 10.3 | 46% |
| 2022 | 1,160,860 | 880,650 | 280,210 | 11.7 | 35% |
| 2023 | 864,511 | 927,011 | −62,500 | 10.3 | 33% |
In its most recent public year (2023), this organization spent $62,500 more than it brought in. Its reserves stood at about 10.3 months of spending, up from 8.6 in 2019. Staff pay was 33% 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
Refraction 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