Industrial Sewing And Innovation Center Isaic
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 0 | 0 | 0 | — | — |
| 2019 | 474,750 | 56,896 | 417,854 | 88.1 | 18% |
| 2020 | 1,476,278 | 1,704,349 | −228,071 | 5.0 | 26% |
| 2021 | 1,257,813 | 2,060,726 | −802,913 | -0.9 | 47% |
| 2022 | 2,107,911 | 1,799,949 | 307,962 | -0.2 | 45% |
| 2023 | 2,144,203 | 2,317,833 | −173,630 | -0.8 | 52% |
In its most recent public year (2023), this organization spent $173,630 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-0.8 months). Staff pay was 52% of spending. $345,611 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
Industrial Sewing And Innovation Center Isaic'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