Embrace Of Celebration Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 67,257 | 59,994 | 7,263 | 4.7 | — |
| 2022 | 153,293 | 128,213 | 25,080 | 4.5 | — |
| 2023 | 556,193 | 495,525 | 60,668 | 3.1 | 11% |
In its most recent public year (2023), this organization brought in $60,668 more than it spent. Its reserves stood at about 3.1 months of spending, down from 4.7 in 2021. Staff pay was 11% 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 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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