Sound Start Foundation A Nj Nonprofit Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 62,028 | 5,372 | 56,656 | 4511.9 | 0% |
| 2021 | 444,057 | 167,005 | 277,052 | 173.1 | 37% |
| 2022 | 610,796 | 623,212 | −12,416 | 39.6 | 17% |
| 2023 | 693,904 | 1,235,028 | −541,124 | 15.1 | 8% |
In its most recent public year (2023), this organization spent $541,124 more than it brought in. Its reserves stood at about 15.1 months of spending, down from 4511.9 in 2020. Staff pay was 8% of spending. $1,052,126 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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