Battery Innovation Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 457,022 | 382,437 | 74,585 | 2.3 | 45% |
| 2013 | 777,118 | 842,999 | −65,881 | 0.1 | 22% |
| 2014 | 847,581 | 1,843,534 | −995,953 | -6.4 | 0% |
| 2015 | 657,337 | 1,293,671 | −636,334 | -15.1 | 0% |
| 2016 | 552,056 | 1,152,204 | −600,148 | -23.2 | 0% |
| 2017 | 804,108 | 1,005,800 | −201,692 | -28.9 | 0% |
| 2018 | 865,225 | 988,417 | −123,192 | -30.9 | 0% |
| 2019 | 860,673 | 975,294 | −114,621 | -32.8 | 0% |
| 2020 | 816,279 | 969,909 | −153,630 | -34.9 | 0% |
| 2021 | 3,292,059 | 565,413 | 2,726,646 | -1.9 | 0% |
| 2022 | 382,918 | 615,170 | −232,252 | 13.5 | 14% |
| 2023 | 4,149,872 | 3,165,398 | 984,474 | 8.6 | 26% |
In its most recent public year (2023), this organization brought in $984,474 more than it spent. Its reserves stood at about 8.6 months of spending, up from 2.3 in 2012. Staff pay was 26% 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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