Nichi Bei Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 157,216 | 84,149 | 73,067 | 5.9 | — |
| 2014 | 55,817 | 113,598 | −57,781 | -2.5 | — |
| 2015 | 284,601 | 278,353 | 6,248 | -0.7 | 44% |
| 2016 | 272,662 | 281,309 | −8,647 | -1.1 | 16% |
| 2017 | 296,219 | 305,131 | −8,912 | -1.4 | 38% |
| 2018 | 386,266 | 344,485 | 41,781 | 0.2 | 41% |
| 2019 | 509,056 | 430,443 | 78,613 | 2.4 | 47% |
| 2020 | 552,897 | 498,763 | 54,134 | 3.4 | 33% |
| 2021 | 585,341 | 511,879 | 73,462 | 5.0 | 51% |
| 2022 | 684,621 | 656,979 | 27,642 | 4.4 | 48% |
| 2023 | 644,824 | 775,900 | −131,076 | 2.3 | 46% |
In its most recent public year (2023), this organization spent $131,076 more than it brought in. Its reserves stood at about 2.3 months of spending, down from 5.9 in 2013. Staff pay was 46% of spending. $151,665 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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