Harford County Education Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 233,415 | 185,117 | 48,298 | 8.0 | 34% |
| 2022 | 208,522 | 200,425 | 8,097 | 7.3 | 32% |
| 2023 | 239,573 | 208,739 | 30,834 | 8.8 | 31% |
| 2024 | 218,436 | 244,054 | −25,618 | 6.6 | 28% |
In its most recent public year (2024), this organization spent $25,618 more than it brought in. Its reserves stood at about 6.6 months of spending, down from 8 in 2021. Staff pay was 28% of spending. $11,748 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 2024. 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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