Inspiring Minds
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 162,669 | 153,230 | 9,439 | 1.0 | — |
| 2012 | 408,219 | 205,907 | 202,312 | 12.6 | 39% |
| 2013 | 449,325 | 294,967 | 154,358 | 15.0 | 41% |
| 2014 | 331,628 | 499,625 | −167,997 | 4.8 | 38% |
| 2015 | 1,030,495 | 714,793 | 315,702 | 8.7 | 50% |
| 2016 | 818,684 | 845,782 | −27,098 | 7.0 | 56% |
| 2017 | 1,086,729 | 1,045,255 | 41,474 | 6.1 | 62% |
| 2018 | 1,486,761 | 1,007,492 | 479,269 | 12.0 | 56% |
| 2019 | 1,268,467 | 1,033,605 | 234,862 | 14.5 | 52% |
| 2020 | 1,534,001 | 965,592 | 568,409 | 22.5 | 64% |
| 2021 | 1,773,478 | 1,244,576 | 528,902 | 22.6 | 56% |
| 2022 | 1,663,375 | 1,389,852 | 273,523 | 22.6 | 58% |
| 2023 | 2,759,726 | 1,716,076 | 1,043,650 | 25.6 | 54% |
In its most recent public year (2023), this organization brought in $1,043,650 more than it spent. Its reserves stood at about 25.6 months of spending, up from 1 in 2011. Staff pay was 54% of spending. $6,000 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
Inspiring Minds'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