Care Net Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 600,000 | 8,100 | 591,900 | 876.9 | 0% |
| 2015 | 75,051 | 250 | 74,801 | 32001.6 | 0% |
| 2016 | 250,125 | 203,424 | 46,701 | 42.1 | 0% |
| 2017 | 544,800 | 396,056 | 148,744 | 26.1 | 0% |
| 2018 | 76,425 | 257,219 | −180,794 | 31.8 | 0% |
| 2019 | 159,350 | 37,994 | 121,356 | 253.5 | 0% |
| 2020 | 89,655 | 10,507 | 79,148 | 1012.7 | 0% |
| 2021 | 1,756,774 | 4,296 | 1,752,478 | 7489.2 | 0% |
| 2022 | 916,031 | 185,036 | 730,995 | 216.2 | 0% |
| 2023 | 30 | 514,986 | −514,956 | 67.6 | 0% |
In its most recent public year (2023), this organization spent $514,956 more than it brought in. Its reserves stood at about 67.6 months of spending, down from 876.9 in 2014. 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
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