Spring Initiative Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 84,628 | 68,085 | 16,543 | 2.8 | — |
| 2014 | 174,289 | 132,300 | 41,989 | 5.3 | — |
| 2015 | 233,131 | 269,667 | −36,536 | 0.9 | 56% |
| 2016 | 44,911 | 37,185 | 7,726 | 8.9 | 55% |
| 2017 | 567,732 | 465,424 | 102,308 | 3.2 | 55% |
| 2018 | 604,462 | 581,711 | 22,751 | 3.0 | 56% |
| 2019 | 695,327 | 655,631 | 39,696 | 3.4 | 51% |
| 2020 | 1,333,861 | 763,284 | 570,577 | 11.9 | 75% |
| 2021 | 995,248 | 910,849 | 84,399 | 11.1 | 47% |
| 2022 | 1,036,107 | 1,180,586 | −144,479 | 7.1 | 57% |
| 2023 | 1,468,640 | 1,428,202 | 40,438 | 6.2 | 62% |
In its most recent public year (2023), this organization brought in $40,438 more than it spent. Its reserves stood at about 6.2 months of spending, up from 2.8 in 2013. Staff pay was 62% of spending. $61,882 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
Spring Initiative Inc'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