Big Initiatives Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,813,348 | 1,691,255 | 122,093 | 0.6 | 56% |
| 2021 | 3,144,873 | 2,873,115 | 271,758 | 1.5 | 47% |
| 2022 | 4,741,394 | 4,448,982 | 292,412 | 2.1 | 46% |
| 2023 | 5,578,901 | 5,031,348 | 547,553 | 3.2 | 47% |
In its most recent public year (2023), this organization brought in $547,553 more than it spent. Its reserves stood at about 3.2 months of spending, up from 0.6 in 2020. Staff pay was 47% of spending. $250,000 of its net assets are donor-restricted.
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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