Parallax Futures
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 675,826 | 586,020 | 89,806 | 1.8 | 45% |
| 2022 | 4,635,385 | 3,913,361 | 722,024 | 2.4 | 46% |
In its most recent public year (2022), this organization brought in $722,024 more than it spent. Its reserves stood at about 2.4 months of spending. Staff pay was 46% of spending. $50,913 of its net assets are donor-restricted.
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 2022. 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
Parallax Futures's IRS filings as a feed — one entry per filing year, through 2022. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works