Caroline Foundation Inc
| Year | Money in | Money out | Result | Reserve mo. | Staffing |
|---|---|---|---|---|---|
| 2020 | $980,827 | $920,598 | $60,229 | 199.7 | 0% |
| 2021 | $2,862,530 | $752,670 | $2,109,860 | 290.6 | 0% |
| 2022 | $256,844 | $925,966 | −$669,122 | 195.6 | 0% |
| 2023 | −$677,130 | $858,537 | −$1,535,667 | 219.5 | 0% |
In its most recent public year (2023), this organization spent $1,535,667 more than it brought in. Its reserves stood at about 219.5 months of spending, up from 199.7 in 2020. Staff pay was 0% 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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