The Pearson Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 84,294 | 68,698 | 15,596 | 3.1 | 79% |
| 2020 | 97,591 | 99,647 | −2,056 | 2.8 | 74% |
| 2021 | 117,507 | 125,678 | −8,171 | 2.1 | 69% |
| 2022 | 146,579 | 139,561 | 7,018 | 2.3 | 56% |
| 2023 | 123,340 | 125,597 | −2,257 | 2.3 | 66% |
In its most recent public year (2023), this organization spent $2,257 more than it brought in. Its reserves stood at about 2.3 months of spending. Staff pay was 66% of spending. $20,966 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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