Taconic Innovations Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 11,076,764 | 11,377,424 | −300,660 | 10.8 | 67% |
| 2021 | 12,196,980 | 10,998,655 | 1,198,325 | 12.5 | 64% |
| 2022 | 12,992,165 | 12,660,004 | 332,161 | 11.2 | 67% |
| 2023 | 10,641,933 | 11,457,033 | −815,100 | 11.5 | 66% |
In its most recent public year (2023), this organization spent $815,100 more than it brought in. Its reserves stood at about 11.5 months of spending. Staff pay was 66% 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
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