Bakersfield Ivy Legacy Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 2,700 | 2,535 | 165 | 0.8 | — |
| 2016 | 24,043 | 570 | 23,473 | 497.6 | — |
| 2017 | 17,514 | 17,254 | 260 | 16.6 | — |
| 2018 | 28,763 | 16,269 | 12,494 | 26.8 | — |
| 2019 | 14,085 | 25,572 | −11,487 | 11.7 | — |
| 2020 | 24,245 | 5,565 | 18,680 | 94.0 | — |
| 2021 | 21,177 | 17,403 | 3,774 | 32.7 | — |
| 2022 | 25,284 | 30,060 | −4,776 | 17.0 | — |
| 2023 | 29,996 | 24,197 | 5,799 | 24.0 | — |
| 2024 | 84,680 | 52,740 | 31,940 | 18.3 | — |
In its most recent public year (2024), this organization brought in $31,940 more than it spent. Its reserves stood at about 18.3 months of spending, up from 0.8 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 2024. 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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