Bisemi Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 89,813 | 80,478 | 9,335 | 1.6 | — |
| 2020 | 194,800 | 217,843 | −23,043 | 0.3 | — |
| 2021 | 190,000 | 184,904 | 5,096 | 0.6 | — |
| 2022 | 189,500 | 155,098 | 34,402 | 3.4 | — |
| 2023 | 205,000 | 255,565 | −50,565 | -0.3 | 46% |
In its most recent public year (2023), this organization spent $50,565 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-0.3 months), down from 1.6 in 2019. Staff pay was 46% 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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