Innovation Development Institute Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 2,262,627 | 711,785 | 1,550,842 | 28.7 | 74% |
| 2015 | 4,052,056 | 2,811,108 | 1,240,948 | 12.6 | 41% |
| 2016 | 3,260,422 | 3,454,081 | −193,659 | 9.5 | 49% |
| 2017 | 4,235,825 | 4,282,857 | −47,032 | 7.6 | 47% |
| 2018 | 4,348,987 | 4,552,024 | −203,037 | 6.6 | 48% |
| 2019 | 4,832,966 | 4,895,053 | −62,087 | 6.0 | 44% |
| 2020 | 5,034,246 | 4,594,242 | 440,004 | 7.5 | 49% |
| 2021 | 5,200,844 | 4,749,977 | 450,867 | 8.3 | 50% |
| 2022 | 5,670,013 | 5,680,456 | −10,443 | 6.7 | 52% |
| 2023 | 5,876,977 | 6,227,601 | −350,624 | 6.1 | 49% |
In its most recent public year (2023), this organization spent $350,624 more than it brought in. Its reserves stood at about 6.1 months of spending, down from 28.7 in 2014. Staff pay was 49% 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 Development Institute 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