Cloth Option Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 72,783 | 59,969 | 12,814 | 2.6 | — |
| 2020 | 144,390 | 149,500 | −5,110 | 0.6 | — |
| 2021 | 109,412 | 70,550 | 38,862 | 7.9 | — |
| 2022 | 248,026 | 177,475 | 70,551 | 7.9 | 0% |
| 2023 | 189,334 | 190,491 | −1,157 | 7.3 | — |
| 2024 | 134,398 | 171,598 | −37,200 | 5.5 | — |
In its most recent public year (2024), this organization spent $37,200 more than it brought in. Its reserves stood at about 5.5 months of spending, up from 2.6 in 2019.
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 2024. 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
Cloth Option Inc's IRS filings as a feed — one entry per filing year, through 2024. 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