Sowega Rising
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 161,218 | 38,896 | 122,322 | 66.1 | — |
| 2021 | 256,948 | 191,019 | 65,929 | 17.0 | 0% |
| 2022 | 765,436 | 280,931 | 484,505 | 28.3 | 41% |
| 2023 | 626,930 | 561,086 | 65,844 | 17.6 | 40% |
In its most recent public year (2023), this organization brought in $65,844 more than it spent. Its reserves stood at about 17.6 months of spending, down from 66.1 in 2020. Staff pay was 40% 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
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