First Principles Forum
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 244,170 | 182,624 | 61,546 | 4.0 | 0% |
| 2022 | 205,959 | 160,459 | 45,500 | 8.0 | 0% |
| 2023 | 76,063 | 54,937 | 21,126 | 28.0 | 0% |
In its most recent public year (2023), this organization brought in $21,126 more than it spent. Its reserves stood at about 28 months of spending, up from 4 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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