Inner Banks Legal Services Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 124,753 | 124,036 | 717 | 3.2 | — |
| 2020 | 92,351 | 123,800 | −31,449 | 0.2 | — |
| 2021 | 175,019 | 211,848 | −36,829 | -2.0 | — |
| 2022 | 256,264 | 363,218 | −106,954 | -4.7 | 58% |
| 2023 | 358,623 | 406,819 | −48,196 | -5.6 | 60% |
In its most recent public year (2023), this organization spent $48,196 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-5.6 months), down from 3.2 in 2019. Staff pay was 60% 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
Inner Banks Legal Services 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