Orono Foundation For Education
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 658,012 | 574,528 | 83,484 | 17.7 | 8% |
| 2013 | 875,779 | 641,994 | 233,785 | 21.1 | 10% |
| 2014 | 887,261 | 860,808 | 26,453 | 17.0 | 7% |
| 2015 | 781,567 | 615,548 | 166,019 | 26.8 | 12% |
| 2016 | 658,366 | 556,723 | 101,643 | 31.4 | 21% |
| 2017 | 1,021,081 | 670,125 | 350,956 | 28.4 | 31% |
| 2018 | 2,732,783 | 1,014,566 | 1,718,217 | 32.4 | 21% |
| 2019 | 718,827 | 726,054 | −7,227 | 45.3 | 28% |
| 2020 | −397,382 | 632,269 | −1,029,651 | 30.7 | 9% |
| 2021 | 744,310 | 416,220 | 328,090 | 62.7 | 8% |
| 2022 | 480,451 | 593,530 | −113,079 | 50.5 | 4% |
| 2023 | 672,144 | 666,894 | 5,250 | 46.9 | 3% |
In its most recent public year (2023), this organization brought in $5,250 more than it spent. Its reserves stood at about 46.9 months of spending, up from 17.7 in 2012. Staff pay was 3% of spending. $2,211,901 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
Orono Foundation For Education'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