Socratus Collective Wisdom Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2022 | 201,052 | 144,428 | 56,624 | 6.7 | 64% |
| 2023 | 971,306 | 292,928 | 678,378 | 31.1 | 36% |
| 2024 | 649,165 | 541,605 | 107,560 | 19.2 | 30% |
In its most recent public year (2024), this organization brought in $107,560 more than it spent. Its reserves stood at about 19.2 months of spending, up from 6.7 in 2022. Staff pay was 30% 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 2024. 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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