Twinray Illuminations
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 302,979 | 57,377 | 245,602 | 0.0 | 0% |
| 2019 | 1,241,333 | 1,019,083 | 222,250 | 0.0 | 14% |
| 2020 | 2,462,395 | 584,979 | 1,877,416 | 37.9 | 0% |
| 2021 | 1,900,582 | 1,892,548 | 8,034 | 10.7 | 2% |
| 2022 | 1,083,420 | 1,247,978 | −164,558 | 14.3 | 4% |
In its most recent public year (2022), this organization spent $164,558 more than it brought in. Its reserves stood at about 14.3 months of spending, up from 0 in 2018. Staff pay was 4% 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 2022. 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
Twinray Illuminations's IRS filings as a feed — one entry per filing year, through 2022. 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