Phac No 1 Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 304,012 | 463,538 | −159,526 | 61.3 | 7% |
| 2012 | 299,017 | 471,659 | −172,642 | 55.9 | 14% |
| 2013 | 335,155 | 492,420 | −157,265 | 49.7 | 14% |
| 2014 | 328,270 | 490,505 | −162,235 | 45.9 | 13% |
| 2015 | 324,030 | 498,589 | −174,559 | 41.0 | 11% |
| 2016 | 319,867 | 660,295 | −340,428 | 24.7 | 8% |
| 2017 | 331,627 | 468,965 | −137,338 | 31.3 | 13% |
| 2018 | 316,628 | 495,177 | −178,549 | 25.3 | 13% |
| 2019 | 330,774 | 508,149 | −177,375 | 20.5 | 10% |
| 2020 | 384,525 | 478,139 | −93,614 | 19.4 | 9% |
| 2021 | 398,261 | 509,219 | −110,958 | 15.6 | 7% |
| 2022 | 413,097 | 523,627 | −110,530 | 13.2 | 6% |
| 2023 | 406,699 | 529,406 | −122,707 | 10.3 | 6% |
In its most recent public year (2023), this organization spent $122,707 more than it brought in. Its reserves stood at about 10.3 months of spending, down from 61.3 in 2011. Staff pay was 6% of spending. $25,998 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 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
Phac No 1 Inc's IRS filings as a feed — one entry per filing year, through 2023. 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