Hermosa Beach Education Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 823,311 | 747,409 | 75,902 | 24.2 | 0% |
| 2012 | 854,460 | 1,314,708 | −460,248 | 9.6 | 0% |
| 2013 | 1,056,135 | 619,010 | 437,125 | 30.2 | 0% |
| 2014 | 1,095,962 | 1,321,068 | −225,106 | 13.5 | 0% |
| 2015 | 1,088,387 | 969,467 | 118,920 | 21.2 | 0% |
| 2016 | 1,052,776 | 968,480 | 84,296 | 22.4 | 0% |
| 2017 | 981,029 | 887,920 | 93,109 | 27.9 | 0% |
| 2018 | 1,056,067 | 945,759 | 110,308 | 29.6 | 0% |
| 2019 | 1,235,592 | 1,158,694 | 76,898 | 26.4 | 0% |
| 2020 | 1,193,904 | 30,206 | 1,163,698 | 1498.5 | 0% |
| 2021 | 1,117,051 | 1,106,904 | 10,147 | 47.1 | 0% |
| 2022 | 1,336,942 | 1,130,348 | 206,594 | 43.0 | 0% |
| 2023 | 1,331,799 | 1,191,450 | 140,349 | 45.1 | 0% |
In its most recent public year (2023), this organization brought in $140,349 more than it spent. Its reserves stood at about 45.1 months of spending, up from 24.2 in 2011. 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
Hermosa Beach Education 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