Alt Finance Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 9,000,000 | 456,796 | 8,543,204 | 224.4 | 33% |
| 2022 | 9,006,017 | 6,690,528 | 2,315,489 | 19.5 | 8% |
| 2023 | 9,005,000 | 5,470,305 | 3,534,695 | 29.0 | 15% |
In its most recent public year (2023), this organization brought in $3,534,695 more than it spent. Its reserves stood at about 29 months of spending, down from 224.4 in 2021. Staff pay was 15% 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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