Wegene Ethiopian Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 40,458 | 5,701 | 34,757 | 104.5 | — |
| 2013 | 31,751 | 25,574 | 6,177 | 26.2 | — |
| 2014 | 56,127 | 47,425 | 8,702 | 16.3 | 0% |
| 2015 | 53,135 | 51,666 | 1,469 | 15.3 | 0% |
| 2016 | 124,796 | 89,767 | 35,029 | 13.5 | 0% |
| 2017 | 146,805 | 121,627 | 25,178 | 12.5 | 0% |
| 2018 | 130,398 | 131,192 | −794 | 11.5 | 0% |
| 2019 | 148,224 | 134,475 | 13,749 | 12.5 | 0% |
| 2020 | 201,180 | 151,384 | 49,796 | 15.0 | 0% |
| 2021 | 170,613 | 112,722 | 57,891 | 26.3 | 0% |
| 2022 | 242,215 | 185,358 | 56,857 | 19.7 | 0% |
| 2023 | 263,527 | 184,206 | 79,321 | 25.0 | 0% |
| 2024 | 337,934 | 272,200 | 65,734 | 19.8 | 0% |
In its most recent public year (2024), this organization brought in $65,734 more than it spent. Its reserves stood at about 19.8 months of spending, down from 104.5 in 2012. Staff pay was 0% of spending. $10,938 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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