Kipp Miami Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 3,549,724 | 3,152,099 | 397,625 | 4.0 | 0% |
| 2020 | 8,589,088 | 6,962,100 | 1,626,988 | 4.6 | 50% |
| 2021 | 15,019,302 | 11,155,099 | 3,864,203 | 7.0 | 66% |
| 2022 | 22,928,361 | 22,644,179 | 284,182 | 3.6 | 42% |
| 2023 | 24,933,606 | 25,883,616 | −950,010 | 2.7 | 65% |
In its most recent public year (2023), this organization spent $950,010 more than it brought in. Its reserves stood at about 2.7 months of spending, down from 4 in 2019. Staff pay was 65% of spending. $550,000 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
Kipp Miami 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