First Ladies Initiative
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 30,042 | 14,613 | 15,429 | 11.1 | — |
| 2014 | 7,200 | 5,445 | 1,755 | 33.8 | — |
| 2015 | 4,173 | 9,396 | −5,223 | 12.9 | — |
| 2016 | 3,250 | 10,231 | −6,981 | 3.7 | — |
| 2017 | 4,617 | 5,673 | −1,056 | 4.4 | — |
| 2018 | 90,105 | 83,520 | 6,585 | 1.2 | — |
| 2021 | 80,885 | 88,294 | −7,409 | 1.0 | — |
| 2022 | 164,350 | 154,673 | 9,677 | 1.3 | — |
| 2023 | 259,408 | 156,463 | 102,945 | 9.2 | 78% |
| 2024 | 188,200 | 195,367 | −7,167 | 6.9 | 54% |
In its most recent public year (2024), this organization spent $7,167 more than it brought in. Its reserves stood at about 6.9 months of spending, down from 11.1 in 2013. Staff pay was 54% 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 2024. 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
First Ladies Initiative's IRS filings as a feed — one entry per filing year, through 2024. 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