Inspiring Minds
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,308,778 | 1,175,220 | 133,558 | 5.6 | 65% |
| 2012 | 1,342,418 | 1,238,515 | 103,903 | 6.3 | 65% |
| 2013 | 839,311 | 910,798 | −71,487 | 7.6 | 65% |
| 2014 | 764,514 | 907,639 | −143,125 | 6.0 | 67% |
| 2015 | 605,357 | 744,385 | −139,028 | 5.2 | 60% |
| 2016 | 524,154 | 646,976 | −122,822 | 3.7 | 59% |
| 2017 | 337,274 | 388,295 | −51,021 | 4.6 | 63% |
| 2018 | 161,804 | 200,769 | −38,965 | 6.6 | 57% |
| 2019 | 306,445 | 228,660 | 77,785 | 9.9 | 56% |
| 2020 | 387,566 | 298,691 | 88,875 | 11.1 | 51% |
| 2021 | 481,831 | 426,745 | 55,086 | 9.3 | 44% |
| 2022 | 873,524 | 795,464 | 78,060 | 6.2 | 50% |
| 2023 | 914,966 | 864,686 | 50,280 | 6.4 | 44% |
In its most recent public year (2023), this organization brought in $50,280 more than it spent. Its reserves stood at about 6.4 months of spending. Staff pay was 44% of spending. $188,521 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
Inspiring Minds'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