Rjb Education Equity Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,482,090 | 1,361,059 | 121,031 | 3.7 | 65% |
| 2021 | 1,781,088 | 1,437,147 | 343,941 | 6.4 | 62% |
| 2022 | 4,668,531 | 1,162,329 | 3,506,202 | 44.1 | 62% |
| 2023 | 188,310 | 791,813 | −603,503 | 55.6 | 51% |
In its most recent public year (2023), this organization spent $603,503 more than it brought in. Its reserves stood at about 55.6 months of spending, up from 3.7 in 2020. Staff pay was 51% 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
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