Project Safety Net Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 127,056 | 151,285 | −24,229 | -1.9 | — |
| 2022 | 449,449 | 327,499 | 121,950 | 3.6 | 74% |
| 2023 | 287,433 | 355,757 | −68,324 | 1.0 | 70% |
| 2024 | 293,508 | 360,190 | −66,682 | -1.3 | 62% |
In its most recent public year (2024), this organization spent $66,682 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-1.3 months). Staff pay was 62% 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 2024. 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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