Kentucky Pharmacy Education And Research Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 3,082,351 | 3,015,331 | 67,020 | 0.1 | 12% |
| 2021 | 5,496,404 | 5,237,064 | 259,340 | 0.7 | 7% |
| 2022 | 6,039,566 | 5,853,309 | 186,257 | 1.0 | 8% |
| 2023 | 9,041,404 | 8,682,526 | 358,878 | 1.1 | 6% |
In its most recent public year (2023), this organization brought in $358,878 more than it spent. Its reserves stood at about 1.1 months of spending, up from 0.1 in 2020. Staff pay was 6% of spending. $262,055 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
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