Davinci Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 49,471 | 45,240 | 4,231 | 1.1 | — |
| 2016 | 12,900 | 359 | 12,541 | 560.6 | — |
| 2017 | 44,790 | 16,257 | 28,533 | 33.4 | — |
| 2018 | 41,859 | 38,611 | 3,248 | 15.1 | — |
| 2019 | 34,501 | 23,174 | 11,327 | 30.5 | — |
| 2020 | 52,321 | 42,329 | 9,992 | 19.5 | — |
| 2021 | 57,700 | 35,759 | 21,941 | 30.5 | — |
| 2022 | 40,613 | 78,624 | −38,011 | 8.1 | — |
| 2023 | 31,779 | 35,738 | −3,959 | 16.4 | — |
In its most recent public year (2023), this organization spent $3,959 more than it brought in. Its reserves stood at about 16.4 months of spending, up from 1.1 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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