Operating record

Higher Orbits Foundation

Aurora, CO · EIN 46-3550618 · files full Form 990 · latest public year 2023

YearMoney inMoney outResultReserve mo.Staffing
2019$156,323$198,621−$42,298-1.9
2020$181,972$145,400$36,5723.2
2021$1,658,940$674,293$984,64718.20%
2023$998,789$1,202,045−$203,2566.90%

In its most recent public year (2023), this organization spent $203,256 more than it brought in. Its reserves stood at about 6.9 months of spending, up from -1.9 in 2019. 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 ↗