Team4tech Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,273,380 | 1,034,918 | 238,462 | 7.9 | 45% |
| 2021 | 1,799,162 | 1,289,172 | 509,990 | 11.1 | 40% |
| 2022 | 2,248,537 | 1,817,196 | 431,341 | 10.7 | 44% |
| 2023 | 2,154,030 | 2,503,321 | −349,291 | 6.1 | 50% |
In its most recent public year (2023), this organization spent $349,291 more than it brought in. Its reserves stood at about 6.1 months of spending, down from 7.9 in 2020. Staff pay was 50% of spending. $453,178 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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