European Initiative
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 315,957 | 299,612 | 16,345 | 3.8 | 50% |
| 2011 | 381,151 | 369,370 | 11,781 | 3.5 | 41% |
| 2012 | 406,121 | 388,617 | 17,504 | 3.9 | 39% |
| 2013 | 518,313 | 523,894 | −5,581 | 2.8 | 29% |
| 2014 | 633,724 | 591,993 | 41,731 | 3.3 | 47% |
| 2015 | 694,610 | 618,658 | 75,952 | 4.6 | 44% |
| 2016 | 808,464 | 649,083 | 159,381 | 7.4 | 40% |
| 2017 | 628,878 | 631,197 | −2,319 | 7.5 | 38% |
| 2018 | 749,032 | 789,290 | −40,258 | 5.3 | 41% |
| 2019 | 959,356 | 971,056 | −11,700 | 4.2 | 41% |
| 2020 | 749,040 | 789,874 | −40,834 | 4.6 | 49% |
| 2021 | 1,006,745 | 889,582 | 117,163 | 5.7 | 58% |
| 2022 | 1,407,443 | 1,394,293 | 13,150 | 3.7 | 32% |
| 2023 | 999,764 | 1,072,492 | −72,728 | 4.0 | 37% |
In its most recent public year (2023), this organization spent $72,728 more than it brought in. Its reserves stood at about 4 months of spending. Staff pay was 37% 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
European Initiative'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