Underground Grit Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 68,722 | 156,014 | −87,292 | -6.9 | — |
| 2021 | 160,107 | 147,282 | 12,825 | -6.2 | — |
| 2022 | 413,500 | 345,459 | 68,041 | -0.3 | 36% |
| 2023 | 345,325 | 338,815 | 6,510 | -0.1 | 38% |
In its most recent public year (2023), this organization brought in $6,510 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-0.1 months), up from -6.9 in 2020. Staff pay was 38% 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
Underground Grit Inc's IRS filings as a feed — one entry per filing year, through 2023. 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