Excellerate Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,225,345 | 3,860,007 | −634,662 | 23.5 | 12% |
| 2012 | 6,196,658 | 2,073,759 | 4,122,899 | 70.1 | 25% |
| 2013 | 7,016,265 | 8,629,722 | −1,613,457 | 15.0 | 8% |
| 2014 | 7,601,382 | 2,290,013 | 5,311,369 | 77.6 | 23% |
| 2015 | 2,856,325 | 12,966,166 | −10,109,841 | 3.0 | 4% |
| 2016 | 7,582,230 | 3,380,173 | 4,202,057 | 26.6 | 18% |
| 2017 | 3,754,497 | 5,977,187 | −2,222,690 | 10.7 | 20% |
| 2018 | 2,342,607 | 5,361,072 | −3,018,465 | 4.7 | 30% |
| 2019 | 2,656,088 | 4,269,713 | −1,613,625 | 1.5 | 50% |
| 2020 | 3,514,381 | 3,990,892 | −476,511 | 0.1 | 44% |
| 2021 | 18,582,776 | 17,328,351 | 1,254,425 | 0.9 | 12% |
| 2022 | 6,978,498 | 5,428,816 | 1,549,682 | 6.3 | 39% |
| 2023 | 6,523,534 | 5,372,947 | 1,150,587 | 8.9 | 48% |
In its most recent public year (2023), this organization brought in $1,150,587 more than it spent. Its reserves stood at about 8.9 months of spending, down from 23.5 in 2011. Staff pay was 48% of spending. $2,869,754 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
Excellerate 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