The Salopek Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,091,539 | 1,084,638 | 6,901 | 122.4 | 0% |
| 2021 | 977,481 | 921,568 | 55,913 | 144.8 | 0% |
| 2022 | 2,268,613 | 1,020,273 | 1,248,340 | 145.5 | 0% |
| 2023 | 496,861 | 914,848 | −417,987 | 156.8 | 0% |
In its most recent public year (2023), this organization spent $417,987 more than it brought in. Its reserves stood at about 156.8 months of spending, up from 122.4 in 2020. 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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