The Fellows Initiative
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 56,404 | 68,016 | −11,612 | -0.5 | — |
| 2013 | 77,779 | 32,381 | 45,398 | 15.7 | — |
| 2014 | 91,004 | 50,022 | 40,982 | 20.0 | — |
| 2015 | 76,137 | 74,340 | 1,797 | 13.7 | — |
| 2016 | 115,571 | 95,918 | 19,653 | 13.1 | — |
| 2017 | 132,718 | 157,798 | −25,080 | 6.1 | — |
| 2018 | 185,688 | 173,971 | 11,717 | 5.7 | — |
| 2019 | 172,684 | 199,251 | −26,567 | 3.4 | — |
| 2020 | 162,104 | 165,647 | −3,543 | 3.9 | — |
| 2021 | 119,711 | 142,061 | −22,350 | 2.6 | — |
| 2022 | 241,569 | 210,914 | 30,655 | 3.5 | 42% |
| 2023 | 214,989 | 219,440 | −4,451 | 3.1 | 51% |
In its most recent public year (2023), this organization spent $4,451 more than it brought in. Its reserves stood at about 3.1 months of spending, up from -0.5 in 2012. Staff pay was 51% of spending. $50,115 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
The Fellows Initiative'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