Michael Karayannis Waves To Wellness Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 21,831 | 3,934 | 17,897 | 54.6 | — |
| 2021 | 14,172 | 12,591 | 1,581 | 18.6 | — |
| 2022 | 24,245 | 19,844 | 4,401 | 14.4 | — |
| 2023 | 21,710 | 25,999 | −4,289 | 9.0 | — |
In its most recent public year (2023), this organization spent $4,289 more than it brought in. Its reserves stood at about 9 months of spending, down from 54.6 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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