Inspiring Minds
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 0 | 0 | 0 | — | — |
| 2018 | 175,212 | 171,753 | 3,459 | 0.3 | — |
| 2019 | 237,277 | 242,962 | −5,685 | -0.1 | 67% |
| 2020 | 292,578 | 271,187 | 21,391 | 0.9 | 71% |
| 2021 | 361,681 | 347,603 | 14,078 | 1.2 | 74% |
| 2022 | 343,863 | 363,507 | −19,644 | 0.5 | 68% |
| 2023 | 399,528 | 391,370 | 8,158 | 0.7 | 74% |
In its most recent public year (2023), this organization brought in $8,158 more than it spent. Its reserves stood at about 0.7 months of spending. Staff pay was 74% 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
Inspiring Minds'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