Foundry Educational Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 1,478,128 | 1,429,665 | 48,463 | 109.2 | 25% |
| 2022 | 1,988,861 | 1,725,755 | 263,106 | 83.6 | 22% |
| 2023 | 1,442,547 | 1,827,629 | −385,082 | 76.0 | 21% |
| 2024 | 1,826,279 | 2,023,577 | −197,298 | 73.8 | 22% |
In its most recent public year (2024), this organization spent $197,298 more than it brought in. Its reserves stood at about 73.8 months of spending, down from 109.2 in 2021. Staff pay was 22% of spending. $15,231,488 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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