Somd Loves You Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 346,043 | 9,466 | 336,577 | 426.7 | 0% |
| 2021 | 14,337 | 309,673 | −295,336 | 1.6 | 0% |
| 2022 | 1,012 | 8,536 | −7,524 | 49.4 | — |
| 2023 | 7 | 13,529 | −13,522 | 19.2 | — |
In its most recent public year (2023), this organization spent $13,522 more than it brought in. Its reserves stood at about 19.2 months of spending, down from 426.7 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
Somd Loves You 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