Nikwasi Initiative
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 41,595 | 26,760 | 14,835 | 6.7 | — |
| 2018 | 32,900 | 25,268 | 7,632 | 10.7 | — |
| 2019 | 184,430 | 46,880 | 137,550 | 41.0 | — |
| 2021 | 240,790 | 193,720 | 47,070 | 17.4 | 46% |
| 2022 | 341,503 | 210,523 | 130,980 | 23.3 | 42% |
| 2023 | 221,763 | 192,639 | 29,124 | 27.3 | 47% |
In its most recent public year (2023), this organization brought in $29,124 more than it spent. Its reserves stood at about 27.3 months of spending, up from 6.7 in 2017. Staff pay was 47% of spending. $17,195 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