Steve Francis Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 10 | 20,045 | −20,035 | 42.5 | 0% |
| 2021 | 1 | 20,547 | −20,546 | 29.4 | 0% |
| 2022 | 10,009 | 10,050 | −41 | 60.1 | 0% |
| 2023 | 36 | 8,750 | −8,714 | 57.1 | 0% |
In its most recent public year (2023), this organization spent $8,714 more than it brought in. Its reserves stood at about 57.1 months of spending, up from 42.5 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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