Nareit Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 15,019 | 29,030 | −14,011 | 7.3 | — |
| 2012 | 110,012 | 126,346 | −16,334 | 0.1 | — |
| 2013 | 132,519 | 187,460 | −54,941 | -3.4 | — |
| 2014 | 405,027 | 345,915 | 59,112 | 0.2 | 0% |
| 2015 | 225,084 | 122,252 | 102,832 | 10.6 | 0% |
| 2016 | 101,720 | 158,286 | −56,566 | 3.9 | 0% |
| 2017 | 151,685 | 188,886 | −37,201 | 0.9 | 0% |
| 2018 | 633,758 | 435,744 | 198,014 | 5.9 | 0% |
| 2019 | 760,183 | 651,318 | 108,865 | 5.9 | 0% |
| 2020 | 311,716 | 330,926 | −19,210 | 11.0 | 0% |
| 2021 | 687,662 | 628,955 | 58,707 | 6.9 | 0% |
| 2022 | 3,023,152 | 496,328 | 2,526,824 | 69.8 | 0% |
| 2023 | 935,929 | 901,246 | 34,683 | 38.9 | 0% |
In its most recent public year (2023), this organization brought in $34,683 more than it spent. Its reserves stood at about 38.9 months of spending, up from 7.3 in 2011. Staff pay was 0% of spending. $2,768,782 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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