First Generation Investors
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 58,766 | 4,687 | 54,079 | 184.0 | — |
| 2021 | 222,313 | 16,867 | 205,446 | 203.2 | 0% |
| 2022 | 206,455 | 187,105 | 19,350 | 18.9 | 69% |
| 2023 | 358,975 | 297,937 | 61,038 | 13.8 | 69% |
In its most recent public year (2023), this organization brought in $61,038 more than it spent. Its reserves stood at about 13.8 months of spending, down from 184 in 2020. Staff pay was 69% of spending. $2,101 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
First Generation Investors'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