Sequoia Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,429,790 | 1,132,496 | 297,294 | -0.7 | 5% |
| 2021 | 1,294,946 | 1,107,225 | 187,721 | 1.4 | 46% |
| 2022 | 1,806,898 | 1,369,060 | 437,838 | 4.9 | 44% |
| 2023 | 1,487,064 | 1,453,919 | 33,145 | 4.9 | 42% |
In its most recent public year (2023), this organization brought in $33,145 more than it spent. Its reserves stood at about 4.9 months of spending, up from -0.7 in 2020. Staff pay was 42% of spending. $58,728 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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