Old Fourth Ward Education Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 46,754 | 9,533 | 37,221 | 54.0 | — |
| 2017 | 49,335 | 38,698 | 10,637 | 16.6 | — |
| 2018 | 60,405 | 49,595 | 10,810 | 15.6 | — |
| 2020 | 37,310 | 43,332 | −6,022 | 26.1 | — |
| 2021 | 70,872 | 92,457 | −21,585 | 9.4 | — |
| 2023 | 142,414 | 124,208 | 18,206 | 9.2 | 0% |
In its most recent public year (2023), this organization brought in $18,206 more than it spent. Its reserves stood at about 9.2 months of spending, down from 54 in 2016. 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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