Sova Innovation Hub Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 227,500 | 292 | 227,208 | 9337.3 | 0% |
| 2021 | 961,279 | 395,340 | 565,939 | 24.1 | 0% |
| 2022 | 890,987 | 584,357 | 306,630 | 23.1 | 0% |
| 2023 | 716,186 | 750,265 | −34,079 | 17.4 | 0% |
In its most recent public year (2023), this organization spent $34,079 more than it brought in. Its reserves stood at about 17.4 months of spending, down from 9337.3 in 2020. Staff pay was 0% of spending. $856,069 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
Sova Innovation Hub Corporation'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