Project Connection Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 185,819 | 223,761 | −37,942 | -2.6 | — |
| 2020 | 1,009,185 | 843,583 | 165,602 | 1.5 | 73% |
| 2021 | 1,567,025 | 1,516,090 | 50,935 | 1.2 | 72% |
| 2022 | 2,230,944 | 2,000,702 | 230,242 | 2.3 | 75% |
| 2023 | 2,822,634 | 2,836,690 | −14,056 | 1.6 | 75% |
In its most recent public year (2023), this organization spent $14,056 more than it brought in. Its reserves stood at about 1.6 months of spending, up from -2.6 in 2019. Staff pay was 75% 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
Project Connection Foundation'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