Carmel Ideas Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 476,360 | 575,745 | −99,385 | 0.5 | 0% |
| 2012 | 529,564 | 507,880 | 21,684 | 1.0 | 0% |
| 2013 | 457,470 | 397,150 | 60,320 | 3.2 | 0% |
| 2014 | 448,350 | 458,894 | −10,544 | 2.5 | 0% |
| 2015 | 492,650 | 441,590 | 51,060 | 3.9 | 0% |
| 2016 | 471,900 | 546,116 | −74,216 | 1.6 | 0% |
| 2017 | 493,788 | 499,207 | −5,419 | 1.6 | 0% |
| 2018 | 523,693 | 521,513 | 2,180 | 1.6 | 0% |
| 2019 | 471,375 | 534,955 | −63,580 | 0.1 | 0% |
| 2020 | 412,449 | 291,934 | 120,515 | 5.1 | 0% |
| 2021 | 426,408 | 463,603 | −37,195 | 2.3 | 0% |
| 2022 | 457,150 | 429,589 | 27,561 | 3.2 | 0% |
| 2023 | 447,975 | 470,140 | −22,165 | 2.4 | 0% |
In its most recent public year (2023), this organization spent $22,165 more than it brought in. Its reserves stood at about 2.4 months of spending, up from 0.5 in 2011. 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
Carmel Ideas Foundation'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