Jolt Initiative
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 3,577,819 | 1,756,655 | 1,821,164 | 12.4 | 17% |
| 2019 | 1,421,120 | 1,456,416 | −35,296 | 14.7 | 43% |
| 2020 | 2,728,962 | 2,101,851 | 627,111 | 13.8 | 33% |
| 2021 | 1,716,414 | 1,844,753 | −128,339 | 14.9 | 45% |
| 2022 | 2,699,961 | 2,075,396 | 624,565 | 16.3 | 47% |
| 2023 | 1,159,048 | 2,428,238 | −1,269,190 | 7.9 | 46% |
In its most recent public year (2023), this organization spent $1,269,190 more than it brought in. Its reserves stood at about 7.9 months of spending, down from 12.4 in 2018. Staff pay was 46% 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
Jolt Initiative'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