Openelis Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 926,992 | 952,892 | −25,900 | 1.8 | 5% |
| 2021 | 2,023,481 | 1,567,500 | 455,981 | 4.6 | 29% |
| 2022 | 1,929,509 | 1,609,112 | 320,397 | 6.8 | 48% |
| 2023 | 1,669,884 | 1,609,046 | 60,838 | 7.3 | 54% |
In its most recent public year (2023), this organization brought in $60,838 more than it spent. Its reserves stood at about 7.3 months of spending, up from 1.8 in 2020. Staff pay was 54% 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works