The Northeastern Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 61,859 | 47,159 | 14,700 | 7.5 | — |
| 2013 | 74,218 | 86,757 | −12,539 | 31.6 | — |
| 2014 | 158,493 | 77,767 | 80,726 | 51.5 | — |
| 2015 | 129,705 | 139,257 | −9,552 | 27.6 | — |
| 2016 | 112,845 | 93,203 | 19,642 | 43.2 | — |
| 2017 | 283,109 | 94,172 | 188,937 | 67.2 | 0% |
| 2018 | 137,761 | 121,713 | 16,048 | 53.7 | 0% |
| 2019 | 254,720 | 99,868 | 154,852 | 84.3 | 0% |
| 2020 | 47,795 | 127,667 | −79,872 | 57.6 | 0% |
| 2021 | 103,819 | 132,403 | −28,584 | 65.6 | 0% |
| 2022 | 164,168 | 102,601 | 61,567 | 86.9 | 0% |
| 2023 | 121,275 | 247,038 | −125,763 | 31.7 | 0% |
In its most recent public year (2023), this organization spent $125,763 more than it brought in. Its reserves stood at about 31.7 months of spending, up from 7.5 in 2012. Staff pay was 0% of spending. $530,210 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
The Northeastern 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