The Piedmont Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 224,964 | 617,748 | −392,784 | 158.4 | 0% |
| 2012 | 2,179,337 | 481,994 | 1,697,343 | 245.2 | 0% |
| 2013 | 1,624,843 | 581,138 | 1,043,705 | 224.9 | 0% |
| 2014 | 345,458 | 606,245 | −260,787 | 208.9 | 0% |
| 2015 | 1,054,648 | 748,474 | 306,174 | 156.2 | 0% |
| 2016 | 6,942,764 | 574,692 | 6,368,072 | 359.5 | 0% |
| 2017 | 378,772 | 792,388 | −413,616 | 292.1 | 0% |
| 2018 | 1,232,416 | 850,625 | 381,791 | 254.2 | 0% |
| 2019 | 733,086 | 930,081 | −196,995 | 279.2 | 0% |
| 2020 | 392,770 | 838,132 | −445,362 | 340.7 | 0% |
| 2021 | 2,971,891 | 962,145 | 2,009,746 | 347.4 | 0% |
| 2022 | 571,273 | 2,034,314 | −1,463,041 | 121.3 | 0% |
| 2023 | 788,601 | 1,133,390 | −344,789 | 254.6 | 0% |
In its most recent public year (2023), this organization spent $344,789 more than it brought in. Its reserves stood at about 254.6 months of spending, up from 158.4 in 2011. Staff pay was 0% of spending. $17,719,195 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
The Piedmont Foundation's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works