Blacks In Technology Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 175,402 | 177,203 | −1,801 | -0.1 | — |
| 2019 | 165,740 | 194,100 | −28,360 | -1.9 | — |
| 2020 | 61,420 | 24,689 | 36,731 | 2.3 | — |
| 2021 | 1,131,153 | 532,353 | 598,800 | 13.9 | 1% |
| 2022 | 1,786,566 | 1,599,003 | 187,563 | 6.0 | 3% |
| 2023 | 1,234,904 | 1,649,801 | −414,897 | 2.8 | 3% |
In its most recent public year (2023), this organization spent $414,897 more than it brought in. Its reserves stood at about 2.8 months of spending, up from -0.1 in 2018. Staff pay was 3% 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
Blacks In Technology Foundation'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