Kovago Developmental Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 811,350 | 816,763 | −5,413 | 2.8 | 69% |
| 2021 | 811,321 | 866,107 | −54,786 | 2.0 | 60% |
| 2022 | 1,272,654 | 1,131,192 | 141,462 | 3.1 | 62% |
| 2023 | 1,267,055 | 1,117,140 | 149,915 | 4.7 | 61% |
In its most recent public year (2023), this organization brought in $149,915 more than it spent. Its reserves stood at about 4.7 months of spending, up from 2.8 in 2020. Staff pay was 61% 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
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