His Independence Project Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,567,970 | 1,548,859 | 19,111 | 0.8 | 3% |
| 2021 | 1,747,162 | 1,770,247 | −23,085 | 0.5 | 3% |
| 2022 | 1,627,117 | 1,612,077 | 15,040 | 0.7 | 3% |
| 2023 | 2,118,640 | 2,099,001 | 19,639 | 0.6 | 2% |
In its most recent public year (2023), this organization brought in $19,639 more than it spent. Its reserves stood at about 0.6 months of spending. Staff pay was 2% of spending.
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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