Usher Iii Initiative Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,237,135 | 2,365,975 | −128,840 | 1.6 | 0% |
| 2012 | 2,053,023 | 2,367,556 | −314,533 | 0.0 | 0% |
| 2013 | 1,180,244 | 957,542 | 222,702 | 2.9 | 0% |
| 2014 | 1,224,000 | 990,380 | 233,620 | 5.6 | 0% |
| 2015 | 375,155 | 250,665 | 124,490 | 29.3 | 0% |
| 2016 | 314,844 | 146,801 | 168,043 | 63.8 | 0% |
| 2017 | 331,406 | 701,513 | −370,107 | 7.0 | 0% |
| 2018 | 770,845 | 567,152 | 203,693 | 13.0 | 0% |
| 2019 | 788,460 | 838,519 | −50,059 | 8.1 | 0% |
| 2020 | 999,354 | 967,382 | 31,972 | 7.4 | 0% |
| 2021 | 2,469,529 | 1,950,640 | 518,889 | 6.9 | 0% |
| 2022 | 1,771,984 | 924,491 | 847,493 | 25.5 | 0% |
| 2023 | 874,408 | 732,502 | 141,906 | 34.5 | 0% |
In its most recent public year (2023), this organization brought in $141,906 more than it spent. Its reserves stood at about 34.5 months of spending, up from 1.6 in 2011. Staff pay was 0% of spending. $894,986 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
Usher Iii Initiative 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