Boulder Institute Of Microfinance
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,276,430 | 1,381,086 | −104,656 | 15.0 | 35% |
| 2012 | 1,454,378 | 1,619,829 | −165,451 | 11.5 | 31% |
| 2013 | 3,021,191 | 2,776,567 | 244,624 | 7.8 | 25% |
| 2014 | 4,267,169 | 3,917,291 | 349,878 | 6.5 | 28% |
| 2015 | 3,719,266 | 3,542,254 | 177,012 | 7.7 | 27% |
| 2016 | 3,175,107 | 3,088,528 | 86,579 | 9.2 | 29% |
| 2017 | 3,421,881 | 3,370,285 | 51,596 | 8.6 | 22% |
| 2018 | 2,818,096 | 2,887,575 | −69,479 | 9.7 | 25% |
| 2019 | 2,185,280 | 2,134,955 | 50,325 | 13.4 | 26% |
| 2020 | 35,797 | 750,633 | −714,836 | 26.6 | 41% |
| 2021 | 368,167 | 691,186 | −323,019 | 23.3 | 40% |
| 2022 | 454,055 | 843,223 | −389,168 | 13.6 | 34% |
| 2023 | 103,296 | 352,507 | −249,211 | 23.9 | 48% |
In its most recent public year (2023), this organization spent $249,211 more than it brought in. Its reserves stood at about 23.9 months of spending, up from 15 in 2011. Staff pay was 48% 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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