Borrego Valley Endowment Fund Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 680,330 | 368,552 | 311,778 | 294.2 | 7% |
| 2022 | 485,093 | 427,366 | 57,727 | 254.2 | 0% |
| 2023 | 961,629 | 284,469 | 677,160 | 384.6 | 7% |
| 2024 | 717,092 | 691,053 | 26,039 | 172.4 | 27% |
In its most recent public year (2024), this organization brought in $26,039 more than it spent. Its reserves stood at about 172.4 months of spending, down from 294.2 in 2021. Staff pay was 27% of spending. $9,112,309 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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