Project 8p Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 891,452 | 179,588 | 711,864 | 57.0 | 0% |
| 2021 | 644,022 | 569,741 | 74,281 | 20.5 | 0% |
| 2022 | 611,641 | 301,268 | 310,373 | 46.3 | 0% |
| 2023 | 2,011,359 | 913,309 | 1,098,050 | 30.3 | 2% |
In its most recent public year (2023), this organization brought in $1,098,050 more than it spent. Its reserves stood at about 30.3 months of spending, down from 57 in 2020. Staff pay was 2% of spending. $1,000,000 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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