The Ubc 1871 Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 7,775 | 117,916 | −110,141 | 12.0 | — |
| 2018 | 89,534 | 4,004 | 85,530 | 608.6 | — |
| 2019 | 46,260 | 187,877 | −141,617 | 3.9 | — |
| 2020 | 0 | 18,690 | −18,690 | 27.5 | — |
| 2021 | 47,965 | 56,775 | −8,810 | 7.2 | — |
| 2022 | 222,846 | 93,192 | 129,654 | 23.6 | 0% |
| 2023 | 154,419 | 237,225 | −82,806 | 5.9 | 0% |
In its most recent public year (2023), this organization spent $82,806 more than it brought in. Its reserves stood at about 5.9 months of spending, down from 12 in 2017. 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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