Mikva Challenge Grant Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 5,273,903 | 4,386,330 | 887,573 | 10.3 | 56% |
| 2021 | 6,087,047 | 4,520,223 | 1,566,824 | 14.0 | 64% |
| 2022 | 5,650,345 | 5,100,601 | 549,744 | 13.3 | 63% |
| 2023 | 6,208,787 | 5,657,993 | 550,794 | 13.1 | 55% |
In its most recent public year (2023), this organization brought in $550,794 more than it spent. Its reserves stood at about 13.1 months of spending, up from 10.3 in 2020. Staff pay was 55% of spending. $1,847,434 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
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