Specially Fit Foundation Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 562,499 | 568,830 | −6,331 | 2.2 | 36% |
| 2022 | 1,952,138 | 1,172,531 | 779,607 | 9.0 | 32% |
| 2023 | 2,447,433 | 2,259,633 | 187,800 | 5.8 | 27% |
In its most recent public year (2023), this organization brought in $187,800 more than it spent. Its reserves stood at about 5.8 months of spending, up from 2.2 in 2021. Staff pay was 27% 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
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