Arcola Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 236,446 | 226,573 | 9,873 | 325.9 | 0% |
| 2021 | 233,428 | 174,183 | 59,245 | 427.2 | 0% |
| 2022 | 377,881 | 294,680 | 83,201 | 248.8 | 0% |
| 2023 | 284,444 | 239,950 | 44,494 | 307.4 | 0% |
In its most recent public year (2023), this organization brought in $44,494 more than it spent. Its reserves stood at about 307.4 months of spending, down from 325.9 in 2020. Staff pay was 0% of spending. $2,333,161 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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