Believe In Students Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 363,968 | 159,215 | 204,753 | 23.3 | 0% |
| 2020 | 3,803,135 | 1,671,059 | 2,132,076 | 17.6 | 5% |
| 2021 | 469,083 | 1,841,890 | −1,372,807 | 7.0 | 9% |
| 2022 | 567,193 | 1,047,838 | −480,645 | 6.7 | 28% |
| 2023 | 448,169 | 748,524 | −300,355 | 4.6 | 44% |
In its most recent public year (2023), this organization spent $300,355 more than it brought in. Its reserves stood at about 4.6 months of spending, down from 23.3 in 2019. Staff pay was 44% of spending. $211,979 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works