Intercultural Outreach Initiative Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 212,971 | 397,418 | −184,447 | -0.5 | 33% |
| 2021 | 972,696 | 516,471 | 456,225 | 10.2 | 20% |
| 2022 | 1,145,759 | 721,249 | 424,510 | 15.0 | 28% |
In its most recent public year (2022), this organization brought in $424,510 more than it spent. Its reserves stood at about 15 months of spending, up from -0.5 in 2020. Staff pay was 28% 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 2022. 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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