Ibec Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 18,469 | 12,485 | 5,984 | 5.8 | — |
| 2021 | 341,142 | 292,422 | 48,720 | 2.2 | 0% |
| 2022 | 110,911 | 89,250 | 21,661 | 10.3 | 0% |
| 2023 | 97,280 | 190,089 | −92,809 | -1.0 | — |
In its most recent public year (2023), this organization spent $92,809 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-1 months), down from 5.8 in 2020.
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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