Innovative Care Solutions Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 198,400 | 196,583 | 1,817 | 0.1 | — |
| 2020 | 301,900 | 314,810 | −12,910 | -0.4 | 63% |
| 2021 | 382,500 | 500,757 | −118,257 | -3.1 | 56% |
| 2022 | 642,109 | 671,223 | −29,114 | -2.8 | 49% |
| 2023 | 584,325 | 600,560 | −16,235 | -3.5 | 43% |
In its most recent public year (2023), this organization spent $16,235 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-3.5 months), down from 0.1 in 2019. Staff pay was 43% 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
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