Renova Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2022 | 1,160,416 | 1,041,904 | 118,512 | 1.3 | 59% |
| 2023 | 1,884,043 | 1,924,388 | −40,345 | 0.4 | 60% |
In its most recent public year (2023), this organization spent $40,345 more than it brought in. Its reserves stood at about 0.4 months of spending. Staff pay was 60% 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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