Healthy Minds Innovations Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 54,000 | 39,522 | 14,478 | 7.4 | — |
| 2016 | 1,550,530 | 622,415 | 928,115 | 20.4 | 50% |
| 2017 | 3,498,559 | 2,264,046 | 1,234,513 | 12.2 | 26% |
| 2018 | 3,128,476 | 3,522,674 | −394,198 | 6.5 | 47% |
| 2019 | 5,469,048 | 4,223,109 | 1,245,939 | 9.0 | 52% |
| 2020 | 6,421,318 | 4,598,838 | 1,822,480 | 13.1 | 57% |
| 2021 | 4,272,719 | 4,661,329 | −388,610 | 11.9 | 51% |
| 2022 | 3,825,213 | 6,015,104 | −2,189,891 | 4.8 | 49% |
| 2023 | 4,991,534 | 5,054,962 | −63,428 | 5.6 | 46% |
In its most recent public year (2023), this organization spent $63,428 more than it brought in. Its reserves stood at about 5.6 months of spending, down from 7.4 in 2015. Staff pay was 46% of spending. $140,706 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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