Dace Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 81,613 | 27,645 | 53,968 | 29.5 | — |
| 2022 | 33,551 | 49,861 | −16,310 | 10.7 | 15% |
| 2023 | 44,405 | 63,583 | −19,178 | 5.0 | 8% |
In its most recent public year (2023), this organization spent $19,178 more than it brought in. Its reserves stood at about 5 months of spending, down from 29.5 in 2021. Staff pay was 8% of spending.
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
Dace Foundation's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works