The Portage Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 134,861 | 44,819 | 90,042 | 204.8 | 19% |
| 2012 | 1,667,903 | 73,117 | 1,594,786 | 391.5 | 23% |
| 2013 | 396,283 | 110,264 | 286,019 | 314.3 | 23% |
| 2014 | 454,365 | 185,365 | 269,000 | 202.4 | 48% |
| 2015 | −50,768 | 174,773 | −225,541 | 200.5 | 54% |
| 2016 | 434,400 | 301,278 | 133,122 | 126.4 | 31% |
| 2017 | 2,052,051 | 226,053 | 1,825,998 | 282.1 | 41% |
| 2018 | 567,233 | 312,779 | 254,454 | 194.7 | 30% |
| 2019 | 846,165 | 351,848 | 494,317 | 196.3 | 27% |
| 2020 | 1,375,445 | 686,034 | 689,411 | 124.2 | 20% |
| 2021 | 1,059,250 | 558,925 | 500,325 | 137.0 | 24% |
| 2022 | 215,895 | 421,421 | −205,526 | 147.1 | 29% |
| 2023 | 691,132 | 656,888 | 34,244 | 104.3 | 17% |
In its most recent public year (2023), this organization brought in $34,244 more than it spent. Its reserves stood at about 104.3 months of spending, down from 204.8 in 2011. Staff pay was 17% of spending. $5,188,005 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
The Portage 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