Internet Of Things Consortium Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 309,373 | 508,118 | −198,745 | -4.7 | 71% |
| 2017 | 627,540 | 682,946 | −55,406 | -4.5 | 53% |
| 2018 | 1,284,587 | 1,000,266 | 284,321 | 0.4 | 45% |
| 2019 | 1,231,857 | 1,171,249 | 60,608 | 0.9 | 43% |
| 2020 | 905,491 | 978,029 | −72,538 | 0.2 | 56% |
| 2021 | 553,075 | 897,336 | −344,261 | -4.4 | 61% |
| 2022 | 320,000 | 33,871 | 286,129 | -57.9 | 0% |
| 2023 | 342,000 | 953,977 | −611,977 | -16.4 | 58% |
In its most recent public year (2023), this organization spent $611,977 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-16.4 months), down from -4.7 in 2016. Staff pay was 58% 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
Internet Of Things Consortium 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