Norwalk Education Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 336,866 | 394,050 | −57,184 | 2.1 | 55% |
| 2012 | 285,270 | 295,423 | −10,153 | 2.4 | 58% |
| 2013 | 126,043 | 135,379 | −9,336 | 4.4 | — |
| 2014 | 123,317 | 147,323 | −24,006 | 2.7 | — |
| 2015 | 196,630 | 137,236 | 59,394 | 8.1 | 0% |
| 2017 | 121,032 | 69,067 | 51,965 | 25.6 | 0% |
| 2018 | 77,470 | 64,155 | 13,315 | 30.0 | 0% |
| 2019 | 71,877 | 73,647 | −1,770 | 25.9 | 0% |
| 2020 | 58,730 | 37,316 | 21,414 | 58.0 | 0% |
| 2021 | 23,466 | 36,686 | −13,220 | 54.6 | 0% |
| 2022 | 79,330 | 33,326 | 46,004 | 76.7 | — |
| 2023 | 14,361 | 55,508 | −41,147 | 37.2 | — |
In its most recent public year (2023), this organization spent $41,147 more than it brought in. Its reserves stood at about 37.2 months of spending, up from 2.1 in 2011.
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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