Elegba Folklore Society Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 153,957 | 159,144 | −5,187 | -0.1 | — |
| 2011 | 170,917 | 149,373 | 21,544 | 1.5 | — |
| 2012 | 93,185 | 90,585 | 2,600 | 2.9 | — |
| 2013 | 99,185 | 129,668 | −30,483 | 0.3 | — |
| 2015 | 152,659 | 162,398 | −9,739 | 0.5 | — |
| 2016 | 152,659 | 162,398 | −9,739 | 0.5 | — |
| 2017 | 139,257 | 128,645 | 10,612 | 3.8 | — |
| 2018 | 167,105 | 143,124 | 23,981 | 4.6 | — |
| 2019 | 199,821 | 166,695 | 33,126 | 2.9 | — |
| 2020 | 191,588 | 139,849 | 51,739 | 7.8 | — |
| 2021 | 216,609 | 180,836 | 35,773 | 8.4 | 22% |
| 2022 | 231,915 | 244,817 | −12,902 | 5.6 | 0% |
| 2023 | 329,430 | 264,814 | 64,616 | 8.2 | 0% |
In its most recent public year (2023), this organization brought in $64,616 more than it spent. Its reserves stood at about 8.2 months of spending, up from -0.1 in 2010. Staff pay was 0% of spending. $64,616 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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