Rackham Engineering Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 473,041 | 674,401 | −201,360 | 151.8 | 0% |
| 2012 | 390,432 | 596,212 | −205,780 | 175.3 | 0% |
| 2013 | 463,849 | 495,845 | −31,996 | 218.0 | 0% |
| 2014 | 1,010,511 | 523,452 | 487,059 | 200.9 | 0% |
| 2015 | −21,439 | 553,076 | −574,515 | 180.1 | 0% |
| 2016 | 138,420 | 492,834 | −354,414 | 203.3 | 0% |
| 2017 | 564,902 | 563,916 | 986 | 184.6 | 0% |
| 2018 | 5,772,624 | 540,383 | 5,232,241 | 266.5 | 0% |
| 2019 | 552,087 | 542,078 | 10,009 | 302.3 | 0% |
| 2020 | 181,312 | 585,374 | −404,062 | 304.9 | 0% |
| 2021 | 1,273,546 | 669,877 | 603,669 | 287.4 | 0% |
| 2022 | 793,540 | 715,694 | 77,846 | 216.5 | 0% |
| 2023 | 469,057 | 833,088 | −364,031 | 197.0 | 0% |
In its most recent public year (2023), this organization spent $364,031 more than it brought in. Its reserves stood at about 197 months of spending, up from 151.8 in 2011. Staff pay was 0% of spending. $13,678,791 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
Rackham Engineering 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