Chip The Monk Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 10,000 | 4,468 | 5,532 | 14.9 | — |
| 2021 | 9,724 | 8,724 | 1,000 | 1.4 | — |
| 2022 | 43,324 | 33,883 | 9,441 | 3.7 | — |
| 2023 | 14,073 | 23,637 | −9,564 | 0.4 | — |
In its most recent public year (2023), this organization spent $9,564 more than it brought in. Its reserves stood at about 0.4 months of spending, down from 14.9 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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