Bic Educational Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 16,635,556 | 15,738,941 | 896,615 | 8.4 | 27% |
| 2012 | 6,071,689 | 9,125,519 | −3,053,830 | 9.8 | 23% |
| 2013 | 3,126,561 | 3,262,438 | −135,877 | 22.9 | 22% |
| 2014 | 3,464,365 | 3,579,466 | −115,101 | 17.1 | 15% |
| 2015 | 763,340 | 716,523 | 46,817 | 107.1 | 0% |
| 2016 | 2,101,519 | 433,300 | 1,668,219 | 242.1 | 0% |
| 2017 | 187,467 | 368,045 | −180,578 | 344.3 | 0% |
| 2018 | 211,941 | 434,925 | −222,984 | 308.5 | 0% |
| 2019 | 255,124 | 510,424 | −255,300 | 267.6 | 0% |
| 2020 | 198,634 | 679,811 | −481,177 | 209.4 | 0% |
| 2021 | 179,367 | 481,081 | −301,714 | 350.0 | 0% |
In its most recent public year (2021), this organization spent $301,714 more than it brought in. Its reserves stood at about 350 months of spending, up from 8.4 in 2011. 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 2021. 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works