William Rainey Harper College Educational Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 3,502,263 | 2,482,611 | 1,019,652 | 153.4 | 0% |
| 2021 | 21,902,919 | 2,905,985 | 18,996,934 | 233.6 | 0% |
| 2022 | 4,699,112 | 8,180,651 | −3,481,539 | 73.0 | 0% |
| 2023 | 2,306,930 | 6,141,667 | −3,834,737 | 93.8 | 0% |
In its most recent public year (2023), this organization spent $3,834,737 more than it brought in. Its reserves stood at about 93.8 months of spending, down from 153.4 in 2020. Staff pay was 0% of spending. $13,300,556 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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