The Nita Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 229,468 | 302,873 | −73,405 | 79.6 | 18% |
| 2012 | 206,090 | 301,816 | −95,726 | 81.2 | 18% |
| 2013 | 238,257 | 278,448 | −40,191 | 95.8 | 23% |
| 2014 | 254,447 | 202,066 | 52,381 | 192.8 | 11% |
| 2015 | 400,273 | 270,163 | 130,110 | 135.6 | 4% |
| 2016 | 301,963 | 219,169 | 82,794 | 181.0 | 0% |
| 2017 | 414,199 | 297,101 | 117,098 | 170.8 | 0% |
| 2018 | 395,675 | 336,017 | 59,658 | 163.6 | 0% |
| 2019 | 292,676 | 354,771 | −62,095 | 173.3 | 7% |
| 2020 | 319,314 | 329,800 | −10,486 | 200.2 | 7% |
| 2021 | 1,700,491 | 271,262 | 1,429,229 | 329.4 | 9% |
| 2022 | 1,611,835 | 407,601 | 1,204,234 | 218.5 | 6% |
| 2023 | 1,045,614 | 534,932 | 510,682 | 203.5 | 5% |
In its most recent public year (2023), this organization brought in $510,682 more than it spent. Its reserves stood at about 203.5 months of spending, up from 79.6 in 2011. Staff pay was 5% of spending. $1,130,267 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
The Nita Foundation'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