Nicaraguan Education Resource Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 331,072 | 81,698 | 249,374 | 43.4 | 46% |
| 2017 | 442,741 | 138,593 | 304,148 | 51.9 | 46% |
| 2018 | 539,648 | 288,295 | 251,353 | 35.2 | 31% |
| 2019 | 329,074 | 226,400 | 102,674 | 50.3 | 46% |
| 2020 | 420,079 | 263,526 | 156,553 | 50.3 | 49% |
| 2021 | 954,399 | 363,893 | 590,506 | 56.3 | 46% |
| 2022 | 1,039,414 | 500,017 | 539,397 | 49.9 | 41% |
| 2023 | 685,490 | 486,490 | 199,000 | 59.6 | 41% |
In its most recent public year (2023), this organization brought in $199,000 more than it spent. Its reserves stood at about 59.6 months of spending, up from 43.4 in 2016. Staff pay was 41% of spending. $1,054,271 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
Nicaraguan Education Resource Center's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works