Founders Education Legacy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 0 | 0 | 0 | — | — |
| 2015 | 272,424 | 271,924 | 500 | 0.0 | 88% |
| 2016 | 259,630 | 252,664 | 6,966 | 0.4 | 91% |
| 2017 | 433,942 | 463,136 | −29,194 | -0.6 | 68% |
| 2018 | 383,323 | 350,837 | 32,486 | 0.4 | 75% |
| 2019 | 198,995 | 226,528 | −27,533 | -0.9 | 85% |
| 2020 | 254,045 | 252,170 | 1,875 | -0.7 | 87% |
| 2021 | 220,042 | 208,686 | 11,356 | -0.2 | 82% |
| 2022 | 396,401 | 380,986 | 15,415 | 0.4 | 85% |
| 2023 | 397,449 | 391,818 | 5,631 | 0.5 | 86% |
In its most recent public year (2023), this organization brought in $5,631 more than it spent. Its reserves stood at about 0.5 months of spending. Staff pay was 86% 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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