Shoes For Children
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2022 | 3,747,373 | 1,031,744 | 2,715,629 | 44.4 | 1% |
| 2023 | 5,785 | 60,475 | −54,690 | 746.5 | 0% |
In its most recent public year (2023), this organization spent $54,690 more than it brought in. Its reserves stood at about 746.5 months of spending, up from 44.4 in 2022. 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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