Innovation Fund America Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 0 | 0 | 0 | — | — |
| 2014 | 475,000 | 302,185 | 172,815 | 6.9 | 0% |
| 2015 | 305,200 | 258,005 | 47,195 | 10.2 | 0% |
| 2016 | 90,726 | 233,893 | −143,167 | 3.9 | 5% |
| 2017 | 43,126 | 19,858 | 23,268 | 6.8 | 39% |
| 2018 | 25,090 | 40,609 | −15,519 | -1.2 | — |
| 2019 | 0 | 802,100 | −802,100 | -12.1 | 13% |
| 2020 | 0 | 1,061,224 | −1,061,224 | -21.1 | 3% |
| 2021 | 0 | 911,813 | −911,813 | -35.3 | 4% |
| 2022 | 25,000 | 438,061 | −413,061 | -84.0 | 3% |
| 2023 | 25,000 | 1,847,538 | −1,822,538 | -31.8 | 1% |
In its most recent public year (2023), this organization spent $1,822,538 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-31.8 months). 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
Innovation Fund America Inc's IRS filings as a feed — one entry per filing year, through 2023. 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