Convergence Analysis
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 500 | 0 | 500 | — | — |
| 2020 | 173,645 | 15,186 | 158,459 | 125.6 | — |
| 2021 | 809,396 | 59,756 | 749,640 | 182.5 | 16% |
| 2022 | 251,000 | 136,198 | 114,802 | 90.2 | 0% |
| 2023 | 336,147 | 667,844 | −331,697 | 12.4 | 0% |
In its most recent public year (2023), this organization spent $331,697 more than it brought in. Its reserves stood at about 12.4 months of spending. Staff pay was 0% of spending. $589,253 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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