Indy Hub Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 0 | 0 | 0 | — | — |
| 2013 | 15,531 | 0 | 15,531 | — | — |
| 2014 | 128,517 | 200,942 | −72,425 | -3.4 | — |
| 2015 | 1,061,488 | 514,419 | 547,069 | 11.4 | 6% |
| 2016 | 195,684 | 475,122 | −279,438 | 5.3 | — |
| 2017 | 244,290 | 339,284 | −94,994 | 4.1 | 55% |
| 2018 | 121,711 | 268,301 | −146,590 | -1.4 | — |
| 2019 | 218,055 | 252,485 | −34,430 | -3.1 | 57% |
| 2020 | 188,942 | 227,151 | −38,209 | -5.5 | 77% |
| 2021 | 344,469 | 209,766 | 134,703 | 1.8 | 71% |
| 2022 | 214,136 | 204,270 | 9,866 | 2.4 | 66% |
| 2023 | 241,946 | 260,680 | −18,734 | 1.0 | 54% |
In its most recent public year (2023), this organization spent $18,734 more than it brought in. Its reserves stood at about 1 months of spending. 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 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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