Broad Water Innovations
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 988,785 | 39,661 | 949,124 | 283.9 | 0% |
| 2021 | 132,957 | 179,610 | −46,653 | 4.5 | 0% |
| 2022 | 152,691 | 170,719 | −18,028 | 3.1 | 0% |
| 2023 | 536,618 | 256,884 | 279,734 | 15.4 | 16% |
In its most recent public year (2023), this organization brought in $279,734 more than it spent. Its reserves stood at about 15.4 months of spending, down from 283.9 in 2020. Staff pay was 16% 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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