Educationquest Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 118,358 | 1,590,406 | −1,472,048 | 63.9 | 0% |
| 2021 | 538,080 | 1,604,491 | −1,066,411 | 66.0 | 0% |
| 2022 | 288,525 | 1,608,124 | −1,319,599 | 79.6 | 0% |
| 2023 | 656,851 | 1,612,606 | −955,755 | 71.6 | 0% |
In its most recent public year (2023), this organization spent $955,755 more than it brought in. Its reserves stood at about 71.6 months of spending, up from 63.9 in 2020. Staff pay was 0% of spending.
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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