Innogroup Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 917,889 | 630,162 | 287,727 | 68.8 | 3% |
| 2021 | 1,016,023 | 972,386 | 43,637 | 41.8 | 0% |
| 2022 | 832,499 | 871,212 | −38,713 | 50.3 | 1% |
| 2023 | 864,323 | 648,518 | 215,805 | 71.6 | 1% |
In its most recent public year (2023), this organization brought in $215,805 more than it spent. Its reserves stood at about 71.6 months of spending, up from 68.8 in 2020. Staff pay was 1% 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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