Illinois S O Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 1,222,417 | 26,482 | 1,195,935 | 1490.9 | 0% |
| 2022 | 1,210,156 | 45,473 | 1,164,683 | 1029.3 | 0% |
| 2023 | 324,508 | 39,838 | 284,670 | 1391.7 | 0% |
In its most recent public year (2023), this organization brought in $284,670 more than it spent. Its reserves stood at about 1391.7 months of spending, down from 1490.9 in 2021. Staff pay was 0% of spending. $627,088 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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