Janesville Innovation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 148,154 | 187,243 | −39,089 | -1.1 | 0% |
| 2021 | 92,289 | 171,466 | −79,177 | -6.7 | 0% |
| 2022 | 171,471 | 193,314 | −21,843 | -7.3 | 0% |
| 2023 | 139,845 | 120,959 | 18,886 | -11.9 | 0% |
In its most recent public year (2023), this organization brought in $18,886 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-11.9 months), down from -1.1 in 2020. Staff pay was 0% 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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