Finseca Pac
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 3,962,827 | 5,196,724 | −1,233,897 | 7.5 | 51% |
| 2021 | 13,236,912 | 12,562,686 | 674,226 | 3.0 | 44% |
| 2022 | 16,709,489 | 18,807,668 | −2,098,179 | 0.4 | 37% |
| 2023 | 18,872,317 | 20,328,088 | −1,455,771 | -1.0 | 37% |
In its most recent public year (2023), this organization spent $1,455,771 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-1 months), down from 7.5 in 2020. Staff pay was 37% of spending. $174,495 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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