Foundation School Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 5,119,938 | 5,195,725 | −75,787 | 36.8 | 71% |
| 2021 | 4,881,535 | 5,022,978 | −141,443 | 42.1 | 71% |
| 2022 | 4,758,154 | 4,876,502 | −118,348 | 38.4 | 70% |
| 2023 | 4,416,154 | 4,621,525 | −205,371 | 42.4 | 71% |
In its most recent public year (2023), this organization spent $205,371 more than it brought in. Its reserves stood at about 42.4 months of spending, up from 36.8 in 2020. Staff pay was 71% of spending.
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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