Believe 271 Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 85,494 | 40,734 | 44,760 | 23.7 | — |
| 2016 | 80,677 | 39,160 | 41,517 | 37.4 | — |
| 2017 | 86,820 | 51,611 | 35,209 | 36.6 | — |
| 2018 | 79,783 | 67,272 | 12,511 | 30.3 | — |
| 2019 | 138,152 | 41,014 | 97,138 | 78.1 | 0% |
| 2020 | 64,248 | 58,859 | 5,389 | 55.5 | — |
| 2021 | 75,760 | 42,828 | 32,932 | 85.5 | — |
| 2022 | 127,859 | 46,464 | 81,395 | 92.2 | — |
| 2023 | 130,896 | 51,679 | 79,217 | 106.8 | — |
In its most recent public year (2023), this organization brought in $79,217 more than it spent. Its reserves stood at about 106.8 months of spending, up from 23.7 in 2015.
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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