Two Blades Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 2,428,246 | 1,771,788 | 656,458 | -2.9 | 0% |
| 2011 | 2,544,336 | 1,642,163 | 902,173 | 3.5 | 25% |
| 2012 | 3,944,442 | 5,247,361 | −1,302,919 | -1.9 | 8% |
| 2013 | 5,207,771 | 5,117,768 | 90,003 | -1.7 | 4% |
| 2014 | 4,326,527 | 3,757,993 | 568,534 | -0.5 | 10% |
| 2015 | 7,903,694 | 4,900,029 | 3,003,665 | 6.9 | 16% |
| 2016 | 6,941,285 | 10,652,806 | −3,711,521 | -1.0 | 6% |
| 2017 | 8,978,041 | 3,390,886 | 5,587,155 | 16.7 | 19% |
| 2018 | 7,434,942 | 5,051,328 | 2,383,614 | 16.8 | 13% |
| 2019 | 5,874,276 | 5,799,172 | 75,104 | 14.7 | 10% |
| 2020 | 8,538,030 | 6,629,809 | 1,908,221 | 16.3 | 11% |
| 2021 | 5,910,316 | 6,917,484 | −1,007,168 | 13.9 | 9% |
| 2022 | 6,470,980 | 5,868,016 | 602,964 | 17.6 | 14% |
| 2023 | 2,480,613 | 3,493,827 | −1,013,214 | 24.0 | 35% |
In its most recent public year (2023), this organization spent $1,013,214 more than it brought in. Its reserves stood at about 24 months of spending, up from -2.9 in 2010. Staff pay was 35% 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
Two Blades Foundation'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