Erik Karishoej Education Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 83,411 | 7,506 | 75,905 | 200.0 | — |
| 2012 | 86,500 | 97,949 | −11,449 | 13.9 | — |
| 2013 | 133,192 | 131,738 | 1,454 | 10.5 | — |
| 2014 | 608,517 | 12,372 | 596,145 | 689.9 | 0% |
| 2015 | 3,623,109 | 24,577 | 3,598,532 | 2104.3 | 0% |
| 2016 | 755,915 | 91,450 | 664,465 | 689.1 | 0% |
| 2017 | 2,571,684 | 465,164 | 2,106,520 | 158.6 | 0% |
| 2018 | 1,685,000 | 366,615 | 1,318,385 | 259.8 | 0% |
| 2019 | 626,121 | 450,063 | 176,058 | 228.8 | 0% |
| 2020 | 350,611 | 342,792 | 7,819 | 310.2 | 0% |
| 2021 | 370,106 | 345,679 | 24,427 | 308.4 | 0% |
| 2022 | 393,106 | 312,937 | 80,169 | 343.8 | 0% |
| 2023 | 1,338,933 | 446,620 | 892,313 | 264.8 | 0% |
In its most recent public year (2023), this organization brought in $892,313 more than it spent. Its reserves stood at about 264.8 months of spending, up from 200 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
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