Innovation Catalyst Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 270,286 | 267,784 | 2,502 | 0.1 | 11% |
| 2014 | 463,773 | 337,775 | 125,998 | 2.4 | 67% |
| 2015 | 537,000 | 269,316 | 267,684 | 41.2 | 40% |
| 2016 | 728,352 | 354,034 | 374,318 | 70.5 | 72% |
| 2017 | 356,350 | 299,339 | 57,011 | 101.0 | 72% |
| 2018 | 498,500 | 287,283 | 211,217 | 154.5 | 71% |
| 2019 | 78,218 | 261,474 | −183,256 | 103.5 | 70% |
| 2020 | 173,034 | 148,615 | 24,419 | 238.5 | 60% |
| 2021 | 233,403 | 155,956 | 77,447 | 8.2 | 58% |
| 2022 | 20,060 | 142,854 | −122,794 | -1.3 | 61% |
In its most recent public year (2022), this organization spent $122,794 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-1.3 months), down from 0.1 in 2013. Staff pay was 61% 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 2022. 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 Catalyst Inc's IRS filings as a feed — one entry per filing year, through 2022. 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