I Can Fly International
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 454,462 | 381,934 | 72,528 | 3.5 | 4% |
| 2021 | 400,089 | 485,338 | −85,249 | 0.7 | 5% |
| 2022 | 510,444 | 513,297 | −2,853 | 0.6 | 9% |
| 2023 | 352,575 | 416,794 | −64,219 | -1.2 | 7% |
In its most recent public year (2023), this organization spent $64,219 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-1.2 months), down from 3.5 in 2020. Staff pay was 7% 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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