My Step Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 2,299,748 | 3,889,720 | −1,589,972 | 0.4 | 0% |
| 2021 | 300,844 | 309,928 | −9,084 | 4.6 | 0% |
| 2022 | 1,060 | 4,150 | −3,090 | 337.3 | — |
| 2023 | 1,257 | 70,920 | −69,663 | 7.9 | — |
In its most recent public year (2023), this organization spent $69,663 more than it brought in. Its reserves stood at about 7.9 months of spending, up from 0.4 in 2020.
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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