Project 68 Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 158,000 | 275,565 | −117,565 | 0.0 | 50% |
| 2022 | 230,000 | 155,722 | 74,278 | -2.7 | 42% |
| 2023 | 70,500 | 96,726 | −26,226 | -7.7 | 0% |
In its most recent public year (2023), this organization spent $26,226 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-7.7 months), down from 0 in 2021. Staff pay was 0% 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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