Germination Project
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 272,671 | 165,084 | 107,587 | 7.8 | 0% |
| 2016 | 112,678 | 38,385 | 74,293 | 56.9 | 0% |
| 2017 | 97,934 | 19,303 | 78,631 | 162.0 | 0% |
| 2018 | 98,410 | 31,335 | 67,075 | 125.5 | 0% |
| 2019 | 93,485 | 23,131 | 70,354 | 206.4 | 0% |
| 2020 | 108,046 | 6,463 | 101,583 | 927.5 | 0% |
| 2021 | 61,547 | 76,849 | −15,302 | 75.6 | 0% |
| 2022 | 156,379 | 227,434 | −71,055 | 21.8 | 80% |
| 2023 | 135,253 | 346,468 | −211,215 | 7.0 | 84% |
In its most recent public year (2023), this organization spent $211,215 more than it brought in. Its reserves stood at about 7 months of spending. Staff pay was 84% 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
Germination Project'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