Ole Education Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 161,200 | 335,938 | −174,738 | 3.8 | — |
| 2012 | 970,100 | 735,914 | 234,186 | 5.6 | 0% |
| 2013 | 582,861 | 568,073 | 14,788 | 7.5 | 0% |
| 2014 | 579,498 | 710,935 | −131,437 | 3.8 | 0% |
| 2015 | 940,108 | 759,082 | 181,026 | 6.4 | 0% |
| 2016 | 1,925,034 | 1,132,458 | 792,576 | 12.7 | 0% |
| 2017 | 1,066,156 | 1,390,037 | −323,881 | 7.6 | 0% |
| 2018 | 1,162,824 | 1,196,057 | −33,233 | 8.4 | 0% |
| 2019 | 1,891,310 | 1,265,583 | 625,727 | 13.9 | 0% |
| 2020 | 1,595,232 | 855,343 | 739,889 | 31.0 | 0% |
| 2021 | 3,539,658 | 1,364,683 | 2,174,975 | 38.5 | 0% |
| 2022 | 3,742,368 | 2,950,677 | 791,691 | 21.0 | 0% |
| 2023 | 3,902,553 | 2,535,494 | 1,367,059 | 31.0 | 0% |
In its most recent public year (2023), this organization brought in $1,367,059 more than it spent. Its reserves stood at about 31 months of spending, up from 3.8 in 2011. Staff pay was 0% of spending. $1,370,000 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
Ole Education Fund'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