Igem Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 734,964 | 496,045 | 238,919 | 5.8 | 0% |
| 2012 | 1,711,954 | 1,694,338 | 17,616 | 1.8 | 23% |
| 2013 | 1,907,049 | 2,097,034 | −189,985 | 0.4 | 23% |
| 2014 | 2,829,666 | 2,449,171 | 380,495 | 2.2 | 22% |
| 2015 | 3,312,410 | 3,020,386 | 292,024 | 2.9 | 21% |
| 2016 | 3,502,975 | 3,306,852 | 196,123 | 3.4 | 20% |
| 2017 | 3,760,852 | 3,950,150 | −189,298 | 2.3 | 19% |
| 2018 | 4,460,079 | 4,719,787 | −259,708 | 1.2 | 14% |
| 2019 | 5,032,771 | 4,252,408 | 780,363 | 3.6 | 17% |
| 2020 | 3,326,433 | 2,637,934 | 688,499 | 9.0 | 26% |
| 2021 | 5,084,700 | 3,098,049 | 1,986,651 | 15.4 | 27% |
| 2022 | 5,016,663 | 7,418,776 | −2,402,113 | 2.5 | 12% |
In its most recent public year (2022), this organization spent $2,402,113 more than it brought in. Its reserves stood at about 2.5 months of spending, down from 5.8 in 2011. Staff pay was 12% of spending. $1,441,071 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 2022. 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
Igem Foundation Inc's IRS filings as a feed — one entry per filing year, through 2022. 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