Cordes Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 441,745 | 455,429 | −13,684 | 294.2 | 0% |
| 2012 | 397,961 | 444,099 | −46,138 | 290.7 | 0% |
| 2013 | 352,845 | 592,961 | −240,116 | 217.0 | 0% |
| 2014 | 242,522 | 497,957 | −255,435 | 253.7 | 9% |
| 2015 | 222,129 | 904,775 | −682,646 | 131.0 | 12% |
| 2016 | 196,041 | 591,132 | −395,091 | 197.7 | 15% |
| 2017 | 1,338,087 | 548,312 | 789,775 | 230.7 | 18% |
| 2018 | 215,234 | 644,971 | −429,737 | 179.5 | 13% |
| 2019 | 178,044 | 393,849 | −215,805 | 308.7 | 1% |
| 2020 | −104,959 | 345,522 | −450,481 | 366.7 | 0% |
| 2021 | 582,628 | 437,844 | 144,784 | 295.7 | 0% |
| 2022 | 135,533 | 278,536 | −143,003 | 383.8 | 0% |
| 2023 | 93,296 | 546,106 | −452,810 | 201.4 | 0% |
In its most recent public year (2023), this organization spent $452,810 more than it brought in. Its reserves stood at about 201.4 months of spending, down from 294.2 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
Cordes Foundation's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works