New Orleans Bioinnovation Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 2,760,940 | 3,291,491 | −530,551 | 138.6 | 22% |
| 2020 | 1,498,077 | 2,667,218 | −1,169,141 | 165.7 | 12% |
| 2021 | 2,583,962 | 3,142,678 | −558,716 | 138.5 | 14% |
| 2022 | 2,652,468 | 3,397,260 | −744,792 | 125.5 | 14% |
| 2023 | 2,777,460 | 3,441,279 | −663,819 | 122.8 | 18% |
In its most recent public year (2023), this organization spent $663,819 more than it brought in. Its reserves stood at about 122.8 months of spending, down from 138.6 in 2019. Staff pay was 18% of spending. $32,902,901 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
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