Intrepid Entrepreneurs Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 53,096 | 53,096 | 0 | 65.9 | — |
| 2021 | 710,557 | 677,835 | 32,722 | 0.8 | 41% |
| 2022 | 821,235 | 861,495 | −40,260 | -0.1 | 35% |
| 2023 | 568,032 | 572,629 | −4,597 | -0.3 | 42% |
In its most recent public year (2023), this organization spent $4,597 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-0.3 months), down from 65.9 in 2020. Staff pay was 42% of spending. $13,038 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
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