Project Independence Services Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 380,764 | 314,360 | 66,404 | 48.9 | 40% |
| 2013 | 352,960 | 425,999 | −73,039 | 34.3 | 36% |
| 2014 | 454,869 | 389,183 | 65,686 | 40.8 | 10% |
| 2015 | 411,626 | 362,791 | 48,835 | 43.7 | 40% |
| 2016 | 372,494 | 341,220 | 31,274 | 47.1 | 45% |
| 2017 | 393,337 | 320,322 | 73,015 | 53.2 | 45% |
| 2018 | 427,323 | 438,106 | −10,783 | 38.5 | 32% |
| 2019 | 404,073 | 368,585 | 35,488 | 47.2 | 43% |
| 2020 | 333,771 | 346,237 | −12,466 | 49.3 | 42% |
| 2021 | 263,386 | 251,559 | 11,827 | 71.6 | 20% |
| 2022 | 331,594 | 307,605 | 23,989 | 55.7 | 38% |
| 2023 | 429,402 | 299,070 | 130,332 | 63.3 | 30% |
In its most recent public year (2023), this organization brought in $130,332 more than it spent. Its reserves stood at about 63.3 months of spending, up from 48.9 in 2012. Staff pay was 30% 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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