Codefi Foundation On Rural Innovation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 70,115 | 31,378 | 38,737 | 14.8 | — |
| 2017 | 643,858 | 272,510 | 371,348 | 18.1 | 0% |
| 2018 | 458,384 | 313,221 | 145,163 | 21.3 | 0% |
| 2019 | 661,512 | 533,286 | 128,226 | 15.6 | 7% |
| 2020 | 1,286,602 | 1,225,570 | 61,032 | 7.4 | 18% |
| 2021 | 1,069,437 | 1,301,776 | −232,339 | 4.8 | 17% |
| 2022 | 1,927,331 | 1,989,779 | −62,448 | 2.8 | 10% |
| 2023 | 2,194,914 | 2,402,498 | −207,584 | 1.3 | 9% |
In its most recent public year (2023), this organization spent $207,584 more than it brought in. Its reserves stood at about 1.3 months of spending, down from 14.8 in 2016. Staff pay was 9% 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
Codefi Foundation On Rural Innovation'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