Embrace Change Corp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 0 | 0 | 0 | — | — |
| 2019 | 10,205 | 25,163 | −14,958 | -7.1 | — |
| 2020 | 357,966 | 294,404 | 63,562 | 2.0 | 66% |
| 2021 | 532,933 | 508,936 | 23,997 | 1.5 | 79% |
| 2022 | 528,712 | 536,734 | −8,022 | 1.3 | 81% |
| 2023 | 517,328 | 592,073 | −74,745 | -0.4 | 78% |
In its most recent public year (2023), this organization spent $74,745 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-0.4 months). Staff pay was 78% 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
Embrace Change Corp'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