Innovative Truth
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 29,430 | 4,567 | 24,863 | 65.3 | — |
| 2012 | 70,881 | 73,111 | −2,230 | 3.7 | — |
| 2013 | 60,303 | 61,099 | −796 | 4.1 | — |
| 2014 | 76,404 | 79,997 | −3,593 | 2.4 | — |
| 2015 | 8,792 | 25,875 | −17,083 | -7.9 | — |
| 2016 | 38,490 | 50,716 | −12,226 | 1.8 | — |
| 2017 | 53,369 | 41,431 | 11,938 | 5.7 | — |
| 2018 | 90,693 | 70,093 | 20,600 | 6.9 | — |
| 2019 | 75,161 | 75,413 | −252 | 6.3 | — |
| 2020 | 71,176 | 78,673 | −7,497 | 4.9 | — |
| 2021 | 83,157 | 70,892 | 12,265 | 7.6 | — |
| 2022 | 68,581 | 65,700 | 2,881 | 8.7 | — |
| 2023 | 69,273 | 65,806 | 3,467 | 9.3 | — |
In its most recent public year (2023), this organization brought in $3,467 more than it spent. Its reserves stood at about 9.3 months of spending, down from 65.3 in 2011.
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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