Health Initiative Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 760,802 | 536,410 | 224,392 | 5.0 | 55% |
| 2019 | 2,817,429 | 2,197,842 | 619,587 | 4.8 | 48% |
| 2020 | 10,363,424 | 2,846,839 | 7,516,585 | 35.4 | 41% |
| 2021 | 2,489,772 | 2,505,155 | −15,383 | 40.1 | 58% |
| 2022 | 4,085,506 | 2,584,991 | 1,500,515 | 45.8 | 63% |
| 2023 | 7,787,773 | 3,324,381 | 4,463,392 | 51.9 | 61% |
In its most recent public year (2023), this organization brought in $4,463,392 more than it spent. Its reserves stood at about 51.9 months of spending, up from 5 in 2018. Staff pay was 61% of spending. $3,879,788 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
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