Initiative For Medicines Access &Knowledge I-Mak Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 953,611 | 863,420 | 90,191 | 17.4 | 54% |
| 2021 | 1,855,914 | 1,371,313 | 484,601 | 15.2 | 36% |
| 2022 | 2,830,909 | 1,565,735 | 1,265,174 | 23.0 | 33% |
| 2023 | 2,921,379 | 1,670,896 | 1,250,483 | 30.6 | 40% |
In its most recent public year (2023), this organization brought in $1,250,483 more than it spent. Its reserves stood at about 30.6 months of spending, up from 17.4 in 2020. Staff pay was 40% of spending. $296,811 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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