Innovative Engineering Consortium
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 5,091 | 50,437 | −45,346 | 81.0 | — |
| 2012 | 5,620 | 162,145 | −156,525 | 13.6 | — |
| 2013 | 463 | 144,040 | −143,577 | 3.4 | — |
| 2014 | 3 | 8,090 | −8,087 | 47.8 | — |
| 2015 | 2 | 10,915 | −10,913 | 23.4 | — |
| 2016 | 1 | 5,488 | −5,487 | 34.6 | — |
| 2017 | 2 | 2,268 | −2,266 | 71.7 | — |
| 2018 | 1,984 | 2,148 | −164 | 74.8 | — |
| 2019 | 605,010 | 135,685 | 469,325 | 42.7 | 0% |
| 2020 | 116,000 | 572,712 | −456,712 | 0.5 | 0% |
| 2021 | 128,750 | 372,692 | −243,942 | -7.0 | 0% |
| 2022 | 138,500 | 126,346 | 12,154 | -19.5 | 0% |
| 2023 | 1,192,597 | 975,341 | 217,256 | 0.1 | 0% |
In its most recent public year (2023), this organization brought in $217,256 more than it spent. Its reserves stood at about 0.1 months of spending, down from 81 in 2011. Staff pay was 0% 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
Innovative Engineering Consortium'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