Madrid Educational Endowment Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 124,069 | 6,332 | 117,737 | 564.5 | — |
| 2014 | 6,820 | 15,287 | −8,467 | 227.2 | — |
| 2015 | 6,180 | 5,539 | 641 | 628.3 | — |
| 2016 | 8,310 | 8,206 | 104 | 424.3 | — |
| 2017 | 6,229 | 10,910 | −4,681 | 314.0 | — |
| 2018 | 42,497 | 42,790 | −293 | 80.0 | — |
| 2019 | 8,396 | 6,794 | 1,602 | 506.5 | — |
| 2020 | 202,524 | 15,838 | 186,686 | 370.7 | — |
| 2021 | 17,162 | 21,000 | −3,838 | 277.4 | — |
| 2022 | 1,451 | 6,542 | −5,091 | 881.0 | — |
| 2023 | 415,764 | 31,434 | 384,330 | 330.1 | 0% |
In its most recent public year (2023), this organization brought in $384,330 more than it spent. Its reserves stood at about 330.1 months of spending, down from 564.5 in 2013. Staff pay was 0% 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
Madrid Educational Endowment 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