Southwest Initiative Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 6,311,780 | 4,508,110 | 1,803,670 | 151.1 | 31% |
| 2013 | 6,267,914 | 4,784,400 | 1,483,514 | 153.0 | 30% |
| 2014 | 6,988,972 | 5,045,905 | 1,943,067 | 162.1 | 27% |
| 2015 | 6,139,652 | 4,582,621 | 1,557,031 | 180.4 | 30% |
| 2016 | 7,065,570 | 5,245,732 | 1,819,838 | 159.2 | 27% |
| 2017 | 20,324,569 | 4,851,111 | 15,473,458 | 188.5 | 30% |
| 2018 | 8,819,313 | 5,213,591 | 3,605,722 | 186.8 | 29% |
| 2019 | 7,518,985 | 5,314,733 | 2,204,252 | 188.2 | 30% |
| 2020 | 10,669,977 | 7,688,804 | 2,981,173 | 131.5 | 23% |
| 2021 | 12,722,630 | 11,832,584 | 890,046 | 98.5 | 15% |
| 2022 | 19,655,047 | 11,284,034 | 8,371,013 | 95.3 | 16% |
| 2023 | 13,272,478 | 10,336,099 | 2,936,379 | 113.3 | 19% |
In its most recent public year (2023), this organization brought in $2,936,379 more than it spent. Its reserves stood at about 113.3 months of spending, down from 151.1 in 2012. Staff pay was 19% of spending. $66,214,551 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
Southwest Initiative Foundation'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