Center For Black Innovation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 92,660 | 93,228 | −568 | -0.1 | 0% |
| 2016 | 416,978 | 431,268 | −14,290 | -0.2 | 22% |
| 2017 | 1,112,850 | 736,782 | 376,068 | 6.0 | 33% |
| 2018 | 863,859 | 904,999 | −41,140 | 4.3 | 33% |
| 2019 | 963,228 | 1,019,081 | −55,853 | 3.2 | 29% |
| 2020 | 860,070 | 879,856 | −19,786 | 3.5 | 34% |
| 2021 | 1,276,197 | 867,197 | 409,000 | 13.6 | 42% |
| 2022 | 1,384,302 | 1,174,456 | 209,846 | 11.2 | 32% |
| 2023 | 1,023,733 | 1,089,993 | −66,260 | 11.3 | 40% |
In its most recent public year (2023), this organization spent $66,260 more than it brought in. Its reserves stood at about 11.3 months of spending, up from -0.1 in 2015. Staff pay was 40% of spending. $46,500 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
Center For Black Innovation Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works