Technovation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 1,178,472 | 845,502 | 332,970 | 5.4 | 37% |
| 2011 | 2,542,121 | 1,919,267 | 622,854 | 7.2 | 50% |
| 2012 | 2,335,266 | 2,330,085 | 5,181 | 6.0 | 50% |
| 2013 | 3,487,102 | 2,200,451 | 1,286,651 | 13.4 | 52% |
| 2014 | 3,085,959 | 2,597,141 | 488,818 | 13.6 | 52% |
| 2015 | 2,219,628 | 2,898,497 | −678,869 | 9.4 | 52% |
| 2016 | 2,135,900 | 3,233,008 | −1,097,108 | 4.3 | 56% |
| 2017 | 3,483,091 | 3,286,260 | 196,831 | 5.0 | 56% |
| 2018 | 3,993,687 | 3,784,420 | 209,267 | 5.0 | 43% |
| 2019 | 4,371,146 | 3,329,754 | 1,041,392 | 9.4 | 49% |
| 2020 | 2,256,472 | 2,782,858 | −526,386 | 9.0 | 59% |
| 2021 | 3,683,772 | 2,921,177 | 762,595 | 11.7 | 65% |
| 2022 | 3,140,037 | 3,382,253 | −242,216 | 9.1 | 62% |
| 2023 | 4,192,849 | 4,569,601 | −376,752 | 5.8 | 54% |
In its most recent public year (2023), this organization spent $376,752 more than it brought in. Its reserves stood at about 5.8 months of spending. Staff pay was 54% of spending. $500,000 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
Technovation'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