Foundation For Academic Endeavors
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 281,374 | 182,409 | 98,965 | 14.8 | 63% |
| 2021 | 530,554 | 610,023 | −79,469 | 2.9 | 50% |
| 2022 | 865,660 | 643,029 | 222,631 | 6.9 | 50% |
| 2023 | 1,010,168 | 880,723 | 129,445 | 6.8 | 52% |
In its most recent public year (2023), this organization brought in $129,445 more than it spent. Its reserves stood at about 6.8 months of spending, down from 14.8 in 2020. Staff pay was 52% 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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