Sprouts Child Development Initiative Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 134,349 | 24,216 | 110,133 | 54.6 | 0% |
| 2017 | 359,131 | 269,313 | 89,818 | 8.9 | 19% |
| 2018 | 396,807 | 385,379 | 11,428 | 6.6 | 43% |
| 2019 | 414,780 | 478,660 | −63,880 | 3.8 | 51% |
| 2020 | 697,497 | 671,517 | 25,980 | 3.2 | 46% |
| 2021 | 1,266,191 | 1,271,989 | −5,798 | 1.6 | 55% |
| 2022 | 1,711,474 | 1,425,593 | 285,881 | 3.4 | 62% |
| 2023 | 1,727,071 | 2,226,480 | −499,409 | -1.0 | 59% |
In its most recent public year (2023), this organization spent $499,409 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-1 months), down from 54.6 in 2016. Staff pay was 59% 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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