Edison Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 396,732 | 1,208,362 | −811,630 | 28.1 | 0% |
| 2021 | 293,050 | 186,388 | 106,662 | 224.1 | 0% |
| 2022 | 421,323 | 329,155 | 92,168 | 116.6 | 0% |
| 2023 | 498,679 | 294,521 | 204,158 | 146.5 | 0% |
| 2024 | 1,116,400 | 435,360 | 681,040 | 124.8 | 0% |
In its most recent public year (2024), this organization brought in $681,040 more than it spent. Its reserves stood at about 124.8 months of spending, up from 28.1 in 2020. Staff pay was 0% of spending. $2,792,421 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 2024. 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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