Food Equality Initiative Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 688,922 | 583,686 | 105,236 | 4.5 | 21% |
| 2021 | 1,137,772 | 931,641 | 206,131 | 5.5 | 28% |
| 2022 | 619,546 | 734,270 | −114,724 | 5.1 | 36% |
| 2023 | 347,856 | 402,437 | −54,581 | 7.7 | 32% |
In its most recent public year (2023), this organization spent $54,581 more than it brought in. Its reserves stood at about 7.7 months of spending, up from 4.5 in 2020. Staff pay was 32% of spending. $98,245 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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