Fundacion Cortes Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 472,148 | 503,020 | −30,872 | 0.0 | 28% |
| 2020 | 551,768 | 495,987 | 55,781 | 1.4 | 28% |
| 2021 | 540,782 | 559,025 | −18,243 | 1.4 | 33% |
| 2022 | 555,418 | 637,515 | −82,097 | -0.3 | 34% |
| 2023 | 618,709 | 538,035 | 80,674 | 1.4 | 35% |
In its most recent public year (2023), this organization brought in $80,674 more than it spent. Its reserves stood at about 1.4 months of spending, up from 0 in 2019. Staff pay was 35% 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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