Resound Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 618,569 | 656,993 | −38,424 | 1.3 | 49% |
| 2012 | 416,143 | 489,821 | −73,678 | 0.0 | 41% |
| 2013 | 575,304 | 509,823 | 65,481 | 1.5 | 39% |
| 2014 | 606,966 | 518,892 | 88,074 | 3.6 | 50% |
| 2015 | 535,583 | 570,450 | −34,867 | 2.5 | 55% |
| 2016 | 701,668 | 726,177 | −24,509 | 1.6 | 48% |
| 2017 | 875,060 | 774,923 | 100,137 | 3.9 | 50% |
| 2018 | 895,683 | 836,718 | 58,965 | 4.5 | 46% |
| 2019 | 1,090,621 | 1,076,062 | 14,559 | 3.6 | 46% |
| 2020 | 1,124,982 | 992,439 | 132,543 | 5.6 | 47% |
| 2021 | 1,222,082 | 1,008,165 | 213,917 | 8.0 | 52% |
| 2022 | 1,311,507 | 1,195,520 | 115,987 | 7.9 | 50% |
| 2023 | 1,213,389 | 1,330,351 | −116,962 | 6.1 | 50% |
In its most recent public year (2023), this organization spent $116,962 more than it brought in. Its reserves stood at about 6.1 months of spending, up from 1.3 in 2011. Staff pay was 50% of spending. $468,559 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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