Innovation Works Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 17,541,971 | 8,907,468 | 8,634,503 | 16.0 | 29% |
| 2012 | 13,544,435 | 9,213,619 | 4,330,816 | 16.8 | 29% |
| 2013 | 14,559,202 | 10,605,586 | 3,953,616 | 18.0 | 29% |
| 2014 | 9,062,884 | 10,326,980 | −1,264,096 | 17.4 | 31% |
| 2015 | 10,494,003 | 9,467,605 | 1,026,398 | 19.5 | 32% |
| 2016 | 12,871,126 | 9,739,112 | 3,132,014 | 20.8 | 33% |
| 2017 | 14,141,080 | 10,758,984 | 3,382,096 | 23.3 | 33% |
| 2018 | 17,409,236 | 12,471,434 | 4,937,802 | 27.5 | 33% |
| 2019 | 9,154,339 | 10,232,669 | −1,078,330 | 34.8 | 33% |
| 2020 | 8,003,735 | 10,531,596 | −2,527,861 | 30.9 | 37% |
| 2021 | 14,661,317 | 10,207,940 | 4,453,377 | 40.6 | 37% |
| 2022 | 24,072,729 | 10,978,543 | 13,094,186 | 50.1 | 38% |
| 2023 | 15,798,085 | 15,866,669 | −68,584 | 31.4 | 32% |
In its most recent public year (2023), this organization spent $68,584 more than it brought in. Its reserves stood at about 31.4 months of spending, up from 16 in 2011. Staff pay was 32% of spending. $520,645 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
Innovation Works 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