The Initiative
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 194,085 | 180,656 | 13,429 | 1.5 | — |
| 2012 | 227,554 | 216,042 | 11,512 | 1.9 | 64% |
| 2013 | 192,478 | 197,182 | −4,704 | 1.8 | — |
| 2014 | 199,305 | 186,627 | 12,678 | 2.7 | — |
| 2015 | 185,500 | 189,920 | −4,420 | 2.4 | — |
| 2016 | 154,714 | 150,343 | 4,371 | 3.3 | — |
| 2017 | 191,806 | 194,924 | −3,118 | 2.4 | — |
| 2018 | 185,209 | 187,106 | −1,897 | 2.4 | — |
| 2019 | 81,213 | 98,235 | −17,022 | 2.4 | — |
| 2020 | 93,053 | 78,457 | 14,596 | 5.3 | — |
| 2021 | 37,962 | 73,857 | −35,895 | -0.2 | — |
| 2022 | 117,687 | 98,885 | 18,802 | 2.1 | — |
| 2023 | 76,763 | 84,906 | −8,143 | 1.3 | — |
In its most recent public year (2023), this organization spent $8,143 more than it brought in. Its reserves stood at about 1.3 months 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
The Initiative'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