Center For Innovation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,567,697 | 1,658,372 | −90,675 | 3.2 | 61% |
| 2021 | 1,749,713 | 1,728,285 | 21,428 | 3.2 | 59% |
| 2022 | 1,400,301 | 1,664,303 | −264,002 | 2.6 | 60% |
| 2023 | 2,422,502 | 2,098,888 | 323,614 | 5.2 | 50% |
In its most recent public year (2023), this organization brought in $323,614 more than it spent. Its reserves stood at about 5.2 months of spending, up from 3.2 in 2020. Staff pay was 50% 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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