Shadows Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 168,444 | 129,145 | 39,299 | 3.7 | — |
| 2012 | 200,012 | 193,432 | 6,580 | 2.8 | 0% |
| 2013 | 141,464 | 139,735 | 1,729 | 4.1 | — |
| 2014 | 180,008 | 157,434 | 22,574 | 5.3 | — |
| 2015 | 249,152 | 278,373 | −29,221 | 1.8 | 0% |
| 2016 | 254,080 | 265,105 | −11,025 | 1.4 | 0% |
| 2017 | 255,922 | 249,274 | 6,648 | 1.8 | 0% |
| 2018 | 294,233 | 307,062 | −12,829 | 0.9 | 0% |
| 2019 | 269,971 | 280,834 | −10,863 | 0.6 | 0% |
| 2020 | 183,729 | 120,830 | 62,899 | 7.5 | — |
| 2021 | 409,726 | 396,461 | 13,265 | 2.7 | 0% |
| 2022 | 335,917 | 369,424 | −33,507 | 1.8 | 0% |
| 2023 | 452,822 | 471,407 | −18,585 | 0.9 | 0% |
In its most recent public year (2023), this organization spent $18,585 more than it brought in. Its reserves stood at about 0.9 months of spending, down from 3.7 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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