Innovia Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 27,327,489 | 13,688,853 | 13,638,636 | 109.2 | 9% |
| 2021 | 52,076,243 | 43,059,964 | 9,016,279 | 45.2 | 3% |
| 2022 | 30,081,757 | 14,195,053 | 15,886,704 | 122.7 | 10% |
| 2023 | 45,002,329 | 13,733,721 | 31,268,608 | 166.6 | 15% |
In its most recent public year (2023), this organization brought in $31,268,608 more than it spent. Its reserves stood at about 166.6 months of spending, up from 109.2 in 2020. Staff pay was 15% of spending. $6,062,476 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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