Higher Orbits Foundation
| Year | Money in | Money out | Result | Reserve mo. | Staffing |
|---|---|---|---|---|---|
| 2019 | $156,323 | $198,621 | −$42,298 | -1.9 | — |
| 2020 | $181,972 | $145,400 | $36,572 | 3.2 | — |
| 2021 | $1,658,940 | $674,293 | $984,647 | 18.2 | 0% |
| 2023 | $998,789 | $1,202,045 | −$203,256 | 6.9 | 0% |
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 ↗
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