Embracing Equity Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 1,405,425 | 148,589 | 1,256,836 | 101.5 | 72% |
| 2022 | 494,592 | 539,790 | −45,198 | 29.5 | 72% |
| 2023 | 968,674 | 1,039,662 | −70,988 | 14.5 | 66% |
In its most recent public year (2023), this organization spent $70,988 more than it brought in. Its reserves stood at about 14.5 months of spending, down from 101.5 in 2021. Staff pay was 66% of spending. $400,000 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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