Thomas Alva Edison Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,260,916 | 806,959 | 453,957 | 33.1 | 55% |
| 2021 | 1,235,201 | 913,048 | 322,153 | 33.6 | 54% |
| 2022 | 1,507,030 | 1,051,391 | 455,639 | 34.4 | 45% |
| 2023 | 1,455,952 | 1,113,770 | 342,182 | 36.1 | 44% |
In its most recent public year (2023), this organization brought in $342,182 more than it spent. Its reserves stood at about 36.1 months of spending, up from 33.1 in 2020. Staff pay was 44% of spending. $370,000 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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