Soulful Seeds
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 88,924 | 46,270 | 42,654 | 18.8 | — |
| 2021 | 88,569 | 43,184 | 45,385 | 32.7 | — |
| 2022 | 356,797 | 167,658 | 189,139 | 20.9 | 0% |
| 2023 | 358,051 | 281,494 | 76,557 | 15.7 | 34% |
In its most recent public year (2023), this organization brought in $76,557 more than it spent. Its reserves stood at about 15.7 months of spending, down from 18.8 in 2020. Staff pay was 34% of spending. $49,889 of its net assets are donor-restricted.
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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