Foundation For Learning Equality Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 163,336 | 47,961 | 115,375 | 28.9 | — |
| 2014 | 178,738 | 223,172 | −44,434 | 3.8 | — |
| 2015 | 1,020,576 | 436,253 | 584,323 | 18.2 | 48% |
| 2016 | 3,534,064 | 996,678 | 2,537,386 | 38.5 | 60% |
| 2017 | 1,292,256 | 2,152,763 | −860,507 | 13.0 | 62% |
| 2018 | 4,955,870 | 3,109,874 | 1,845,996 | 16.2 | 51% |
| 2019 | 3,543,387 | 3,788,556 | −245,169 | 12.5 | 49% |
| 2020 | 3,606,197 | 3,252,972 | 353,225 | 15.8 | 58% |
| 2021 | 3,408,208 | 3,110,128 | 298,080 | 17.7 | 56% |
| 2022 | 1,756,551 | 3,191,554 | −1,435,003 | 11.9 | 55% |
| 2023 | 2,765,534 | 3,697,306 | −931,772 | 7.2 | 53% |
In its most recent public year (2023), this organization spent $931,772 more than it brought in. Its reserves stood at about 7.2 months of spending, down from 28.9 in 2013. Staff pay was 53% 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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