Renew Democracy Initiative Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 72,790 | 51,119 | 21,671 | 5.1 | — |
| 2019 | 565,931 | 362,621 | 203,310 | 7.4 | 38% |
| 2020 | 329,801 | 429,167 | −99,366 | 3.5 | 58% |
| 2021 | 644,645 | 374,794 | 269,851 | 12.7 | 59% |
| 2022 | 10,493,875 | 6,664,575 | 3,829,300 | 7.5 | 6% |
| 2023 | 5,607,953 | 7,276,370 | −1,668,417 | 4.2 | 11% |
In its most recent public year (2023), this organization spent $1,668,417 more than it brought in. Its reserves stood at about 4.2 months of spending. Staff pay was 11% of spending. $10,210 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
Renew Democracy Initiative 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