Iron Mike Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 105,741 | 1,214,683 | −1,108,942 | 1.0 | 0% |
| 2021 | 431,158 | 166,664 | 264,494 | 26.3 | 0% |
| 2022 | 171,169 | 329,976 | −158,807 | 6.6 | 0% |
| 2023 | 171,205 | 361,050 | −189,845 | 0.1 | 0% |
In its most recent public year (2023), this organization spent $189,845 more than it brought in. Its reserves stood at about 0.1 months of spending. Staff pay was 0% 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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