Kemet Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 7,155 | 6,255 | 900 | 0.2 | — |
| 2012 | 8,225 | 8,125 | 100 | 0.3 | — |
| 2013 | 5,250 | 4,934 | 316 | 1.3 | — |
| 2014 | 800 | 900 | −100 | 5.5 | — |
| 2015 | 600 | 850 | −250 | 2.3 | — |
| 2016 | 1,350 | 1,250 | 100 | 2.5 | — |
| 2017 | 800 | 600 | 200 | 9.3 | — |
| 2018 | 1,000 | 600 | 400 | 9.3 | — |
| 2019 | 5,994 | 550 | 5,444 | 10.1 | — |
| 2020 | 4,003 | 4,303 | −300 | 0.5 | — |
| 2021 | 2,022 | 1,555 | 467 | 4.9 | — |
| 2022 | 2,200 | 2,100 | 100 | 4.2 | — |
| 2023 | 1,700 | 1,620 | 80 | 6.0 | — |
In its most recent public year (2023), this organization brought in $80 more than it spent. Its reserves stood at about 6 months of spending, up from 0.2 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 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
Kemet 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