Credo High Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 10,500 | 10,046 | 454 | 0.5 | — |
| 2012 | 2,253 | 2,373 | −120 | 1.7 | — |
| 2013 | 1,850 | 2,118 | −268 | 0.4 | — |
| 2014 | 45,235 | 39,506 | 5,729 | -0.6 | — |
| 2015 | 178,694 | 166,143 | 12,551 | 1.9 | — |
| 2016 | 223,981 | 178,275 | 45,706 | 4.8 | 0% |
| 2017 | 514,390 | 526,442 | −12,052 | 1.4 | 0% |
| 2018 | 563,348 | 572,857 | −9,509 | 1.1 | 0% |
| 2019 | 662,984 | 624,484 | 38,500 | 1.7 | 0% |
| 2020 | 659,549 | 568,940 | 90,609 | 3.8 | 0% |
| 2021 | 486,980 | 609,744 | −122,764 | 1.1 | 0% |
| 2022 | 813,023 | 318,072 | 494,951 | 20.8 | 0% |
| 2023 | 464,723 | 404,357 | 60,366 | 3.4 | 0% |
In its most recent public year (2023), this organization brought in $60,366 more than it spent. Its reserves stood at about 3.4 months of spending, up from 0.5 in 2011. Staff pay was 0% 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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