Nicaragua Initiative For Community Advancement Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 173,678 | 240,555 | −66,877 | 67.8 | 0% |
| 2012 | 84,499 | 348,720 | −264,221 | 34.1 | 0% |
| 2013 | 124,604 | 374,147 | −249,543 | 23.7 | 0% |
| 2014 | 121,469 | 309,920 | −188,451 | 19.9 | 0% |
| 2015 | −8,920 | 314,463 | −323,383 | 16.1 | 22% |
| 2016 | 169,190 | 295,935 | −126,745 | 10.7 | 19% |
| 2017 | 1,756,021 | 220,144 | 1,535,877 | 100.2 | 23% |
| 2018 | 136,294 | 221,658 | −85,364 | 73.0 | 26% |
| 2019 | 23,157 | 291,197 | −268,040 | 51.2 | 23% |
| 2020 | 50,865 | 360,005 | −309,140 | 38.5 | 21% |
| 2021 | 195,403 | 333,682 | −138,279 | 33.7 | 22% |
| 2022 | 92,689 | 348,963 | −256,274 | 22.6 | 0% |
| 2023 | 196,261 | 380,803 | −184,542 | 15.3 | 0% |
In its most recent public year (2023), this organization spent $184,542 more than it brought in. Its reserves stood at about 15.3 months of spending, down from 67.8 in 2011. Staff pay was 0% of spending. $69,982 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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