Ednovate Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 1,804,283 | 1,757,884 | 46,399 | 0.4 | 40% |
| 2014 | 3,320,227 | 3,107,974 | 212,253 | 1.0 | 45% |
| 2015 | 4,914,934 | 4,324,469 | 590,465 | 2.4 | 46% |
| 2016 | 9,375,212 | 8,025,801 | 1,349,411 | 3.3 | 46% |
| 2017 | 14,067,715 | 11,589,769 | 2,477,946 | 4.8 | 48% |
| 2018 | 22,853,067 | 18,103,772 | 4,749,295 | 4.9 | 44% |
| 2019 | 25,692,588 | 26,072,930 | −380,342 | 4.2 | 44% |
| 2020 | 31,097,913 | 30,392,912 | 705,001 | 3.9 | 46% |
| 2021 | 37,749,342 | 30,069,429 | 7,679,913 | 7.0 | 45% |
| 2022 | 50,209,560 | 42,822,894 | 7,386,666 | 7.0 | 40% |
| 2023 | 50,743,071 | 47,820,127 | 2,922,944 | 7.0 | 42% |
In its most recent public year (2023), this organization brought in $2,922,944 more than it spent. Its reserves stood at about 7 months of spending, up from 0.4 in 2013. Staff pay was 42% of spending. $256,731 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
Ednovate 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