Believe & Achieve Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 93,623 | 46,115 | 47,508 | 15.7 | — |
| 2014 | 48,481 | 89,268 | −40,787 | 2.6 | — |
| 2015 | 128,778 | 138,639 | −9,861 | 0.9 | 0% |
| 2016 | 126,430 | 144,894 | −18,464 | -0.7 | 35% |
| 2017 | 165,394 | 128,585 | 36,809 | 2.6 | 13% |
| 2018 | 127,974 | 137,810 | −9,836 | 1.6 | 0% |
| 2019 | 170,126 | 101,793 | 68,333 | 10.2 | 0% |
| 2020 | 48,407 | 44,991 | 3,416 | 24.0 | 0% |
| 2021 | 111,516 | 68,878 | 42,638 | 23.1 | 0% |
| 2022 | 78,225 | 89,492 | −11,267 | 16.3 | 0% |
| 2023 | 94,442 | 111,428 | −16,986 | 11.3 | 0% |
In its most recent public year (2023), this organization spent $16,986 more than it brought in. Its reserves stood at about 11.3 months of spending, down from 15.7 in 2013. 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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