Damar Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 1,543,963 | 1,757,958 | −213,995 | 186.1 | 16% |
| 2016 | 2,176,843 | 2,329,145 | −152,302 | 147.8 | 15% |
| 2017 | 2,681,880 | 2,316,712 | 365,168 | 168.3 | 16% |
| 2018 | 13,152,493 | 2,168,090 | 10,984,403 | 238.4 | 17% |
| 2019 | 7,697,170 | 2,247,142 | 5,450,028 | 257.3 | 17% |
| 2020 | 3,850,750 | 2,465,948 | 1,384,802 | 264.7 | 19% |
| 2021 | 4,890,477 | 2,710,494 | 2,179,983 | 262.9 | 17% |
| 2022 | 4,342,895 | 2,355,021 | 1,987,874 | 286.4 | 16% |
| 2023 | 4,510,159 | 2,285,217 | 2,224,942 | 312.2 | 19% |
In its most recent public year (2023), this organization brought in $2,224,942 more than it spent. Its reserves stood at about 312.2 months of spending, up from 186.1 in 2015. Staff pay was 19% of spending. $15,749,078 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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