Kelly Slater Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 23,675 | 5,890 | 17,785 | 150.9 | — |
| 2012 | 0 | 3,372 | −3,372 | 251.6 | — |
| 2013 | 25,000 | 95 | 24,905 | 12077.1 | — |
| 2014 | 210 | 1,205 | −995 | 942.2 | — |
| 2015 | 0 | 2,747 | −2,747 | 401.3 | — |
| 2016 | 0 | 4,464 | −4,464 | 235.0 | — |
| 2017 | 0 | 298,460 | −298,460 | -8.5 | — |
| 2018 | 0 | 34,750 | −34,750 | -84.9 | — |
| 2019 | 15 | 9,300 | −9,285 | 111.0 | — |
| 2020 | 0 | 14,501 | −14,501 | 59.6 | — |
In its most recent public year (2020), this organization spent $14,501 more than it brought in. Its reserves stood at about 59.6 months of spending, down from 150.9 in 2011.
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 2020. 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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