Nate Chute Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 66,900 | 54,451 | 12,449 | 18.2 | — |
| 2018 | 109,907 | 93,981 | 15,926 | 12.6 | — |
| 2019 | 152,368 | 111,248 | 41,120 | 15.1 | — |
| 2020 | 249,857 | 122,450 | 127,407 | 26.2 | 64% |
| 2021 | 395,297 | 194,637 | 200,660 | 28.8 | 44% |
| 2022 | 354,261 | 252,199 | 102,062 | 27.1 | 52% |
| 2023 | 418,900 | 401,611 | 17,289 | 17.5 | 63% |
In its most recent public year (2023), this organization brought in $17,289 more than it spent. Its reserves stood at about 17.5 months of spending. Staff pay was 63% of spending. $175,631 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
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