Aim Higher Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 2,038,230 | 1,986,235 | 51,995 | 0.4 | 16% |
| 2020 | 7,293,141 | 2,875,843 | 4,417,298 | 18.7 | 13% |
| 2021 | 2,438,620 | 2,538,487 | −99,867 | 21.3 | 14% |
| 2022 | 2,912,547 | 2,745,766 | 166,781 | 19.5 | 15% |
| 2023 | 2,095,192 | 2,991,736 | −896,544 | 14.1 | 13% |
In its most recent public year (2023), this organization spent $896,544 more than it brought in. Its reserves stood at about 14.1 months of spending, up from 0.4 in 2019. Staff pay was 13% of spending. $2,917,309 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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