Manhattan Beach Education Foundation Endowment Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 0 | 0 | 0 | — | — |
| 2013 | 127,973 | 42,596 | 85,377 | 24.1 | — |
| 2014 | 12,006,988 | 262,758 | 11,744,230 | 606.5 | 23% |
| 2015 | 891,078 | 348,400 | 542,678 | 473.9 | 0% |
| 2016 | 1,838,628 | 383,322 | 1,455,306 | 448.7 | 0% |
| 2017 | 2,183,238 | 586,038 | 1,597,200 | 347.7 | 0% |
| 2018 | 1,813,989 | 841,718 | 972,271 | 263.7 | 0% |
| 2019 | 1,593,201 | 966,433 | 626,768 | 242.0 | 0% |
| 2020 | 1,379,947 | 1,058,631 | 321,316 | 216.1 | 0% |
| 2021 | 1,760,718 | 1,074,289 | 686,429 | 272.6 | 0% |
| 2022 | 1,901,786 | 1,249,613 | 652,173 | 208.8 | 0% |
| 2023 | 1,986,497 | 1,266,107 | 720,390 | 223.5 | 0% |
In its most recent public year (2023), this organization brought in $720,390 more than it spent. Its reserves stood at about 223.5 months of spending. Staff pay was 0% of spending. $12,189,049 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works