Udem Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 39,270 | 64,263 | −24,993 | 819.1 | 0% |
| 2021 | 137,575 | 69,488 | 68,087 | 795.5 | 0% |
| 2022 | −216,483 | 257,613 | −474,096 | 192.8 | 0% |
| 2023 | 149,285 | 200,353 | −51,068 | 264.8 | 0% |
In its most recent public year (2023), this organization spent $51,068 more than it brought in. Its reserves stood at about 264.8 months of spending, down from 819.1 in 2020. Staff pay was 0% of spending. $4,420,507 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
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