Imagine Possibilities Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,128,329 | 1,185,911 | −57,582 | 9.1 | 73% |
| 2021 | 698,737 | 917,592 | −218,855 | 9.6 | 68% |
| 2022 | 1,151,438 | 897,429 | 254,009 | 12.2 | 71% |
| 2023 | 1,155,936 | 933,613 | 222,323 | 14.6 | 71% |
In its most recent public year (2023), this organization brought in $222,323 more than it spent. Its reserves stood at about 14.6 months of spending, up from 9.1 in 2020. Staff pay was 71% of spending. $256,672 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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