Innovation Depot Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,571,143 | 2,023,623 | 547,520 | 55.8 | 22% |
| 2012 | 4,931,832 | 2,420,694 | 2,511,138 | 59.3 | 19% |
| 2013 | 2,044,190 | 2,272,607 | −228,417 | 61.9 | 19% |
| 2014 | 2,091,008 | 2,408,576 | −317,568 | 56.9 | 22% |
| 2015 | 2,206,759 | 2,382,300 | −175,541 | 56.7 | 19% |
| 2016 | 2,244,681 | 2,387,281 | −142,600 | 55.8 | 20% |
| 2017 | 3,198,058 | 3,102,243 | 95,815 | 43.3 | 18% |
| 2018 | 3,462,796 | 3,266,921 | 195,875 | 41.9 | 16% |
| 2019 | 3,351,433 | 3,332,466 | 18,967 | 41.0 | 16% |
| 2020 | 3,144,705 | 3,112,895 | 31,810 | 44.0 | 18% |
| 2021 | 3,165,143 | 3,466,264 | −301,121 | 38.4 | 18% |
| 2022 | 1,192,427 | 1,668,584 | −476,157 | 73.2 | 15% |
| 2023 | 5,731,968 | 3,233,777 | 2,498,191 | 46.7 | 22% |
In its most recent public year (2023), this organization brought in $2,498,191 more than it spent. Its reserves stood at about 46.7 months of spending, down from 55.8 in 2011. Staff pay was 22% of spending. $2,526,000 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
Innovation Depot 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