First State Innovation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 24,038 | 41,140 | −17,102 | 118.1 | — |
| 2013 | 59,616 | 36,141 | 23,475 | 143.1 | — |
| 2015 | 67,000 | 25,831 | 41,169 | 207.3 | — |
| 2016 | 329,000 | 313,054 | 15,946 | 17.7 | 0% |
| 2017 | 50 | 10,730 | −10,680 | 504.9 | 0% |
| 2018 | 0 | 13,838 | −13,838 | 369.6 | 0% |
| 2019 | 0 | 5,034 | −5,034 | 1004.0 | 0% |
| 2020 | 100 | 2,816 | −2,716 | 1783.2 | 0% |
| 2021 | 0 | 12,634 | −12,634 | 385.5 | 0% |
| 2022 | 200 | 2,038 | −1,838 | 2378.8 | 0% |
| 2023 | 0 | 40 | −40 | 121126.5 | 0% |
In its most recent public year (2023), this organization spent $40 more than it brought in. Its reserves stood at about 121126.5 months of spending, up from 118.1 in 2011. Staff pay was 0% 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
First State Innovation Inc's IRS filings as a feed — one entry per filing year, through 2023. 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