Building Opportunities & Opening Minds
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 3,500 | 50 | 3,450 | 828.0 | — |
| 2022 | 948,717 | 242,432 | 706,285 | 37.2 | 55% |
| 2023 | 64,535 | 403,269 | −338,734 | 12.6 | — |
In its most recent public year (2023), this organization spent $338,734 more than it brought in. Its reserves stood at about 12.6 months of spending, down from 828 in 2017.
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
Building Opportunities & Opening Minds'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