Krenov Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 74,049 | 6,828 | 67,221 | 214.0 | — |
| 2021 | 59,135 | 37,740 | 21,395 | 45.5 | — |
| 2022 | 54,235 | 42,490 | 11,745 | 43.7 | — |
| 2023 | 62,712 | 67,301 | −4,589 | 26.8 | 6% |
In its most recent public year (2023), this organization spent $4,589 more than it brought in. Its reserves stood at about 26.8 months of spending, down from 214 in 2020. Staff pay was 6% of spending. $50,719 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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