Surgo Ventures Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 6,402,060 | 3,035,263 | 3,366,797 | 13.3 | 43% |
| 2021 | 6,988,435 | 7,780,284 | −791,849 | 4.0 | 39% |
| 2022 | 5,721,642 | 6,473,868 | −752,226 | 3.4 | 51% |
| 2023 | 16,107 | 631,102 | −614,995 | 23.2 | 0% |
In its most recent public year (2023), this organization spent $614,995 more than it brought in. Its reserves stood at about 23.2 months of spending, up from 13.3 in 2020. Staff pay was 0% of spending. $331,372 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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