Passport Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,000,720 | 2,289,839 | 710,881 | 4.1 | 4% |
| 2012 | 2,962,866 | 3,244,728 | −281,862 | 1.9 | 17% |
| 2013 | 2,062,882 | 2,228,350 | −165,468 | 1.9 | 25% |
| 2014 | 2,085,155 | 2,351,205 | −266,050 | 0.4 | 28% |
| 2015 | 2,393,014 | 2,447,558 | −54,544 | 0.1 | 27% |
| 2016 | 2,972,516 | 2,405,301 | 567,215 | 2.9 | 27% |
| 2017 | 3,554,877 | 3,403,384 | 151,493 | 2.6 | 20% |
| 2018 | 2,602,580 | 2,399,007 | 203,573 | 4.7 | 28% |
| 2019 | 2,462,131 | 2,392,118 | 70,013 | 5.1 | 30% |
| 2020 | 1,039,732 | 1,047,605 | −7,873 | 11.5 | 56% |
| 2021 | 1,565,187 | 1,481,604 | 83,583 | 8.8 | 40% |
| 2022 | 2,225,291 | 1,930,422 | 294,869 | 8.6 | 34% |
| 2023 | 2,352,253 | 2,344,392 | 7,861 | 7.1 | 32% |
In its most recent public year (2023), this organization brought in $7,861 more than it spent. Its reserves stood at about 7.1 months of spending, up from 4.1 in 2011. Staff pay was 32% 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
Passport 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