Ernst & Young Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 21,007,065 | 18,318,681 | 2,688,384 | 24.5 | 0% |
| 2021 | 27,635,064 | 29,011,309 | −1,376,245 | 15.3 | 0% |
| 2022 | 27,948,303 | 21,909,835 | 6,038,468 | 21.9 | 0% |
| 2023 | 19,837,625 | 22,074,233 | −2,236,608 | 20.7 | 0% |
In its most recent public year (2023), this organization spent $2,236,608 more than it brought in. Its reserves stood at about 20.7 months of spending, down from 24.5 in 2020. Staff pay was 0% of spending. $6,864,841 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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