Innovative Charity Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 54,231 | 9,207 | 45,024 | 58.7 | — |
| 2017 | 41,367 | 48,697 | −7,330 | 9.3 | — |
| 2018 | 71,557 | 100,454 | −28,897 | 1.1 | — |
| 2019 | 129,658 | 169,086 | −39,428 | -2.2 | — |
| 2020 | 62,469 | 58,765 | 3,704 | -5.5 | — |
| 2022 | 65,155 | 65,155 | 0 | 0.0 | — |
| 2023 | 21,413 | 21,413 | 0 | 0.0 | — |
In its most recent public year (2023), this organization brought in $0 more than it spent. Its reserves stood at about 0 months of spending, down from 58.7 in 2016.
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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