Headwaters Economics Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 896,284 | 893,416 | 2,868 | 6.0 | 58% |
| 2012 | 1,096,373 | 899,103 | 197,270 | 8.6 | 64% |
| 2013 | 1,130,360 | 1,002,565 | 127,795 | 9.2 | 62% |
| 2014 | 1,623,597 | 1,075,625 | 547,972 | 14.7 | 63% |
| 2015 | 1,663,872 | 1,436,352 | 227,520 | 12.9 | 51% |
| 2016 | 1,962,073 | 2,143,570 | −181,497 | 7.9 | 39% |
| 2017 | 2,344,674 | 2,292,223 | 52,451 | 7.6 | 40% |
| 2018 | 2,414,936 | 2,463,825 | −48,889 | 6.9 | 39% |
| 2019 | 2,661,663 | 2,381,853 | 279,810 | 8.5 | 41% |
| 2020 | 2,461,809 | 2,439,811 | 21,998 | 8.4 | 44% |
| 2021 | 3,423,228 | 2,381,010 | 1,042,218 | 13.9 | 44% |
| 2022 | 2,599,465 | 2,872,944 | −273,479 | 10.3 | 42% |
| 2023 | 3,166,391 | 2,852,439 | 313,952 | 11.7 | 49% |
In its most recent public year (2023), this organization brought in $313,952 more than it spent. Its reserves stood at about 11.7 months of spending, up from 6 in 2011. Staff pay was 49% of spending. $559,755 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
Headwaters Economics 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