Andrews Research & Education Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 2,920,495 | 3,116,383 | −195,888 | 4.1 | 37% |
| 2020 | 2,798,753 | 2,433,081 | 365,672 | 7.1 | 42% |
| 2021 | 2,011,454 | 2,189,188 | −177,734 | 5.8 | 41% |
| 2022 | 2,151,909 | 2,416,537 | −264,628 | 7.8 | 38% |
| 2023 | 3,597,178 | 2,816,508 | 780,670 | 10.0 | 37% |
In its most recent public year (2023), this organization brought in $780,670 more than it spent. Its reserves stood at about 10 months of spending, up from 4.1 in 2019. Staff pay was 37% of spending. $575,789 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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