Governor Bob Orr Indiana Entrepreneurial Fellowship
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 649,713 | 444,783 | 204,930 | 20.0 | 44% |
| 2021 | 610,593 | 560,352 | 50,241 | 17.0 | 50% |
| 2022 | 771,725 | 732,075 | 39,650 | 13.7 | 31% |
| 2023 | 1,541,051 | 932,165 | 608,886 | 18.6 | 35% |
In its most recent public year (2023), this organization brought in $608,886 more than it spent. Its reserves stood at about 18.6 months of spending, down from 20 in 2020. Staff pay was 35% of spending. $740,000 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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