Roanoke-Blacksburg Innovation Network
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 133,342 | 98,923 | 34,419 | 4.2 | 62% |
| 2015 | 77,711 | 52,676 | 25,035 | 13.5 | 48% |
| 2016 | 65,100 | 38,559 | 26,541 | 26.8 | — |
| 2017 | 6,000 | 38,192 | −32,192 | 21.7 | — |
| 2018 | 266,798 | 307,913 | −41,115 | 2.0 | 30% |
| 2019 | 367,553 | 368,902 | −1,349 | 1.6 | 25% |
| 2020 | 362,633 | 357,923 | 4,710 | 1.8 | 79% |
| 2021 | 949,408 | 628,615 | 320,793 | 7.2 | 76% |
| 2022 | 698,775 | 984,884 | −286,109 | 2.5 | 43% |
| 2023 | 3,656,989 | 1,536,698 | 2,120,291 | 18.5 | 35% |
In its most recent public year (2023), this organization brought in $2,120,291 more than it spent. Its reserves stood at about 18.5 months of spending, up from 4.2 in 2014. Staff pay was 35% of spending. $1,974,946 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 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
Roanoke-Blacksburg Innovation Network'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