Big Minds Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 808,276 | 559,446 | 248,830 | 5.3 | 30% |
| 2019 | 749,763 | 783,536 | −33,773 | 3.3 | 68% |
| 2020 | 808,098 | 864,572 | −56,474 | 2.2 | 74% |
| 2021 | 1,295,929 | 1,220,488 | 75,441 | 2.3 | 63% |
| 2022 | 2,208,129 | 2,477,084 | −268,955 | -0.2 | 67% |
| 2023 | 2,089,166 | 2,251,089 | −161,923 | -1.0 | 65% |
In its most recent public year (2023), this organization spent $161,923 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-1 months), down from 5.3 in 2018. Staff pay was 65% 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
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