Innovation Institute For Tomorrow Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 176,007 | 170,164 | 5,843 | 0.4 | — |
| 2022 | 378,688 | 243,514 | 135,174 | 7.0 | 44% |
| 2023 | 330,633 | 357,665 | −27,032 | 3.8 | 38% |
In its most recent public year (2023), this organization spent $27,032 more than it brought in. Its reserves stood at about 3.8 months of spending, up from 0.4 in 2021. Staff pay was 38% 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
Innovation Institute For Tomorrow Inc'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