Fenwick Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 646,593 | 565,158 | 81,435 | 366.0 | 0% |
| 2021 | 854,189 | 390,771 | 463,418 | 660.0 | 0% |
| 2022 | 5,711,578 | 655,418 | 5,056,160 | 418.4 | 22% |
| 2023 | 1,154,245 | 1,049,469 | 104,776 | 278.3 | 12% |
In its most recent public year (2023), this organization brought in $104,776 more than it spent. Its reserves stood at about 278.3 months of spending, down from 366 in 2020. Staff pay was 12% of spending. $7,522,599 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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