I Can Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 2,099,156 | 866,211 | 1,232,945 | 17.1 | 4% |
| 2022 | −52,797 | 1,108,301 | −1,161,098 | 0.2 | 12% |
| 2023 | 15,017 | 29,252 | −14,235 | 2.8 | 0% |
In its most recent public year (2023), this organization spent $14,235 more than it brought in. Its reserves stood at about 2.8 months of spending, down from 17.1 in 2021. Staff pay was 0% 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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