Backpack Beginnings
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 190,043 | 107,711 | 82,332 | 32.8 | 0% |
| 2014 | 474,448 | 296,661 | 177,787 | 19.1 | 0% |
| 2015 | 463,924 | 375,519 | 88,405 | 17.9 | 0% |
| 2016 | 622,393 | 482,197 | 140,196 | 17.4 | 0% |
| 2017 | 637,285 | 516,547 | 120,738 | 19.2 | 0% |
| 2018 | 705,223 | 563,680 | 141,543 | 20.6 | 2% |
| 2019 | 645,130 | 646,228 | −1,098 | 17.8 | 6% |
| 2020 | 1,171,218 | 821,280 | 349,938 | 17.9 | 10% |
| 2021 | 1,766,265 | 971,387 | 794,878 | 25.7 | 9% |
| 2022 | 2,502,339 | 1,210,007 | 1,292,332 | 32.0 | 10% |
| 2023 | 3,113,500 | 2,507,895 | 605,605 | 18.0 | 7% |
| 2024 | 4,322,460 | 3,961,858 | 360,602 | 12.4 | 6% |
In its most recent public year (2024), this organization brought in $360,602 more than it spent. Its reserves stood at about 12.4 months of spending, down from 32.8 in 2013. Staff pay was 6% of spending. $365,528 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 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
Backpack Beginnings'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