Initiate Justice
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 755,137 | 228,537 | 526,600 | 27.8 | 31% |
| 2020 | 1,405,429 | 863,226 | 542,203 | 14.9 | 54% |
| 2021 | 1,565,300 | 1,362,923 | 202,377 | 11.2 | 51% |
| 2022 | 1,995,677 | 1,471,055 | 524,622 | 17.6 | 58% |
| 2023 | 1,440,499 | 1,751,715 | −311,216 | 12.7 | 47% |
In its most recent public year (2023), this organization spent $311,216 more than it brought in. Its reserves stood at about 12.7 months of spending, down from 27.8 in 2019. Staff pay was 47% of spending. $967,826 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
Initiate Justice'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