Boyne City Foundation For Educational Excellence Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 46,552 | 39,014 | 7,538 | 18.2 | — |
| 2013 | 48,276 | 53,000 | −4,724 | 12.3 | — |
| 2014 | 53,651 | 49,344 | 4,307 | 14.3 | — |
| 2015 | 62,859 | 46,902 | 15,957 | 19.1 | — |
| 2016 | 67,525 | 63,662 | 3,863 | 14.8 | — |
| 2017 | 49,020 | 51,524 | −2,504 | 17.7 | — |
| 2018 | 70,919 | 59,775 | 11,144 | 17.5 | — |
| 2019 | 60,445 | 51,177 | 9,268 | 22.6 | — |
| 2020 | 39,163 | 58,604 | −19,441 | 15.7 | — |
| 2021 | 55 | 3,403 | −3,348 | 259.4 | — |
| 2023 | 84,885 | 41,460 | 43,425 | 28.1 | — |
In its most recent public year (2023), this organization brought in $43,425 more than it spent. Its reserves stood at about 28.1 months of spending, up from 18.2 in 2012.
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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