Lace On Race Center For Racial Equity
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 32,037 | 33,650 | −1,613 | 6.7 | — |
| 2022 | 125,047 | 102,765 | 22,282 | 4.4 | — |
| 2023 | 55,331 | 71,608 | −16,277 | 0.0 | — |
| 2024 | 7,488 | 18,364 | −10,876 | 6.3 | — |
In its most recent public year (2024), this organization spent $10,876 more than it brought in. Its reserves stood at about 6.3 months 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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