Foundation For Innovation And Life Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 13,431,985 | 11,838,797 | 1,593,188 | 3.1 | 36% |
| 2012 | 12,007,031 | 11,968,980 | 38,051 | 3.1 | 30% |
| 2013 | 12,937,938 | 12,594,468 | 343,470 | 3.2 | 38% |
| 2014 | 11,285,873 | 12,042,498 | −756,625 | 2.6 | 38% |
| 2015 | 14,045,003 | 13,876,001 | 169,002 | 2.4 | 34% |
| 2016 | 12,896,526 | 12,817,546 | 78,980 | 2.7 | 37% |
| 2017 | 11,865,908 | 12,475,629 | −609,721 | 2.2 | 40% |
| 2018 | 13,929,750 | 13,623,319 | 306,431 | 2.3 | 40% |
| 2019 | 15,372,636 | 15,133,334 | 239,302 | 2.2 | 39% |
| 2020 | 13,549,249 | 13,474,259 | 74,990 | 2.6 | 41% |
| 2021 | 24,232,593 | 18,036,827 | 6,195,766 | 6.1 | 38% |
| 2022 | 25,153,452 | 22,615,547 | 2,537,905 | 6.2 | 33% |
In its most recent public year (2022), this organization brought in $2,537,905 more than it spent. Its reserves stood at about 6.2 months of spending, up from 3.1 in 2011. Staff pay was 33% 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 2022. 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
Foundation For Innovation And Life Inc's IRS filings as a feed — one entry per filing year, through 2022. 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