Torrey Project
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 297,383 | 286,986 | 10,397 | 0.4 | 41% |
| 2020 | 83,567 | 178,975 | −95,408 | -5.7 | — |
| 2021 | 140,305 | 226,655 | −86,350 | -9.1 | — |
In its most recent public year (2021), this organization spent $86,350 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-9.1 months), down from 0.4 in 2019.
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 2021. 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
Torrey Project's IRS filings as a feed — one entry per filing year, through 2021. 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