Golden Apple Foundation For Excellence In Teaching
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 6,660,643 | 7,921,648 | −1,261,005 | 11.4 | 31% |
| 2021 | 8,943,732 | 8,165,527 | 778,205 | 12.6 | 31% |
| 2022 | 9,759,973 | 10,628,697 | −868,724 | 6.9 | 34% |
| 2023 | 12,524,830 | 12,444,538 | 80,292 | 6.8 | 33% |
In its most recent public year (2023), this organization brought in $80,292 more than it spent. Its reserves stood at about 6.8 months of spending, down from 11.4 in 2020. Staff pay was 33% of spending. $2,051,973 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
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