Carol Adams Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 9,937 | 9,655 | 282 | 0.4 | — |
| 2015 | 111,995 | 25,473 | 86,522 | 40.9 | 0% |
| 2016 | 166,348 | 43,796 | 122,552 | 57.3 | 0% |
| 2018 | 74,640 | 68,379 | 6,261 | 28.3 | — |
| 2023 | 63,942 | 64,875 | −933 | 21.2 | — |
In its most recent public year (2023), this organization spent $933 more than it brought in. Its reserves stood at about 21.2 months of spending, up from 0.4 in 2014.
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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