1776 Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 73,252 | 62,356 | 10,896 | 6.3 | — |
| 2021 | 120,313 | 105,484 | 14,829 | 5.7 | — |
| 2022 | 127,606 | 134,965 | −7,359 | 3.5 | — |
| 2023 | 149,191 | 146,004 | 3,187 | 3.8 | — |
In its most recent public year (2023), this organization brought in $3,187 more than it spent. Its reserves stood at about 3.8 months of spending, down from 6.3 in 2020.
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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