Rannie Webster Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 13,492,348 | 14,001,212 | −508,864 | 4.0 | 50% |
| 2021 | 14,667,409 | 14,024,672 | 642,737 | 4.9 | 48% |
| 2022 | 13,522,122 | 14,903,688 | −1,381,566 | 3.1 | 44% |
| 2023 | 14,821,590 | 16,040,477 | −1,218,887 | 1.7 | 39% |
In its most recent public year (2023), this organization spent $1,218,887 more than it brought in. Its reserves stood at about 1.7 months of spending, down from 4 in 2020. Staff pay was 39% of spending. $2,351,706 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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