Sumner G Rand Jr Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 124,751 | 23,302 | 101,449 | 691.2 | 0% |
| 2021 | 336,782 | 84,608 | 252,174 | 231.0 | 0% |
| 2022 | 123,298 | 106,113 | 17,185 | 160.8 | 0% |
| 2023 | −19,579 | 109,269 | −128,848 | 154.2 | 0% |
In its most recent public year (2023), this organization spent $128,848 more than it brought in. Its reserves stood at about 154.2 months of spending, down from 691.2 in 2020. 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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