North Shore Innoventures Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 94,416 | 74,107 | 20,309 | 14.2 | 35% |
| 2012 | 316,239 | 299,630 | 16,609 | 4.2 | 48% |
| 2013 | 484,844 | 480,849 | 3,995 | 2.7 | 33% |
| 2014 | 485,543 | 449,612 | 35,931 | 3.8 | 44% |
| 2015 | 1,440,220 | 614,947 | 825,273 | 18.9 | 38% |
| 2016 | 1,069,372 | 759,802 | 309,570 | 20.2 | 37% |
| 2017 | 1,535,964 | 999,800 | 536,164 | 21.8 | 38% |
| 2018 | 881,835 | 1,314,350 | −432,515 | 12.6 | 30% |
| 2019 | 1,011,237 | 1,314,311 | −303,074 | 9.9 | 36% |
| 2020 | 1,051,347 | 1,249,471 | −198,124 | 8.5 | 29% |
| 2021 | 2,186,020 | 1,369,807 | 816,213 | 14.9 | 31% |
| 2022 | 1,641,872 | 1,571,506 | 70,366 | 13.3 | 27% |
| 2023 | 2,192,702 | 1,626,228 | 566,474 | 16.3 | 33% |
In its most recent public year (2023), this organization brought in $566,474 more than it spent. Its reserves stood at about 16.3 months of spending, up from 14.2 in 2011. Staff pay was 33% of spending. $2,597,578 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
North Shore Innoventures 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