Puget Sound Soaring Assoc Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 69,234 | 52,824 | 16,410 | 49.3 | — |
| 2021 | 84,994 | 86,721 | −1,727 | 30.0 | — |
| 2022 | 66,743 | 52,971 | 13,772 | 52.7 | — |
| 2023 | 74,960 | 53,000 | 21,960 | 58.2 | — |
In its most recent public year (2023), this organization brought in $21,960 more than it spent. Its reserves stood at about 58.2 months of spending, up from 49.3 in 2020.
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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