Noble Initiative Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 363,952 | 36,026 | 327,926 | 109.5 | 0% |
| 2022 | 1,981,300 | 55,109 | 1,926,191 | 488.5 | 0% |
| 2023 | 1,536,192 | 49,402 | 1,486,790 | 906.4 | 47% |
In its most recent public year (2023), this organization brought in $1,486,790 more than it spent. Its reserves stood at about 906.4 months of spending, up from 109.5 in 2021. Staff pay was 47% 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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