Madav Ix Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,883,778 | 775,340 | 2,108,438 | 71.8 | 1% |
| 2012 | 429,845 | 461,858 | −32,013 | 106.9 | 2% |
| 2013 | −187,502 | 511,918 | −699,420 | 112.8 | 2% |
| 2014 | 7,393,571 | 672,375 | 6,721,196 | 208.5 | 2% |
| 2015 | 1,804,751 | 867,454 | 937,297 | 157.3 | 2% |
| 2016 | −732,806 | 650,314 | −1,383,120 | 183.1 | 2% |
| 2017 | 4,331,409 | 1,086,014 | 3,245,395 | 162.7 | 0% |
| 2018 | 846,090 | 801,041 | 45,049 | 224.8 | 0% |
| 2019 | −86,986 | 897,979 | −984,965 | 171.5 | 0% |
| 2020 | −2,462,608 | 828,277 | −3,290,885 | 106.9 | 0% |
| 2021 | 185,567 | 469,995 | −284,428 | 326.8 | 0% |
| 2022 | 847,047 | 482,205 | 364,842 | 225.0 | 0% |
| 2023 | 1,075,405 | 738,360 | 337,045 | 178.8 | 0% |
In its most recent public year (2023), this organization brought in $337,045 more than it spent. Its reserves stood at about 178.8 months of spending, up from 71.8 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
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