Carver-Hennepin Options For Innovative Community Employment
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,971,162 | 2,694,235 | 276,927 | 4.2 | 54% |
| 2012 | 3,093,520 | 2,763,979 | 329,541 | 5.5 | 55% |
| 2013 | 2,980,332 | 2,710,411 | 269,921 | 6.8 | 57% |
| 2014 | 3,072,069 | 2,729,617 | 342,452 | 8.3 | 57% |
| 2015 | 3,238,216 | 2,900,267 | 337,949 | 9.2 | 58% |
| 2016 | 3,288,855 | 3,182,421 | 106,434 | 8.8 | 57% |
| 2017 | 3,493,655 | 3,248,528 | 245,127 | 9.5 | 53% |
| 2018 | 3,763,310 | 3,760,002 | 3,308 | 8.2 | 56% |
| 2019 | 3,923,945 | 3,805,696 | 118,249 | 8.5 | 56% |
| 2020 | 2,108,069 | 2,630,271 | −522,202 | 9.9 | 54% |
| 2021 | 3,413,223 | 2,694,523 | 718,700 | 12.9 | 56% |
| 2022 | 4,045,537 | 3,506,733 | 538,804 | 11.7 | 50% |
| 2023 | 4,343,281 | 3,737,549 | 605,732 | 13.0 | 63% |
In its most recent public year (2023), this organization brought in $605,732 more than it spent. Its reserves stood at about 13 months of spending, up from 4.2 in 2011. Staff pay was 63% 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
Carver-Hennepin Options For Innovative Community Employment'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