Brec Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 509,169 | 319,794 | 189,375 | 47.4 | 34% |
| 2012 | 967,516 | 403,582 | 563,934 | 54.3 | 28% |
| 2013 | 1,189,029 | 1,254,574 | −65,545 | 16.8 | 9% |
| 2014 | 761,478 | 876,754 | −115,276 | 22.5 | 13% |
| 2015 | 477,427 | 711,676 | −234,249 | 23.8 | 18% |
| 2016 | 386,854 | 466,402 | −79,548 | 34.3 | 32% |
| 2017 | 548,880 | 644,896 | −96,016 | 23.1 | 24% |
| 2018 | 294,452 | 484,629 | −190,177 | 25.7 | 32% |
| 2019 | 458,583 | 495,373 | −36,790 | 21.8 | 33% |
| 2020 | 208,128 | 234,675 | −26,547 | 44.9 | 69% |
| 2021 | 347,434 | 295,321 | 52,113 | 37.8 | 45% |
| 2022 | 444,362 | 527,089 | −82,727 | 18.8 | 26% |
| 2023 | 583,799 | 367,961 | 215,838 | 34.4 | 38% |
In its most recent public year (2023), this organization brought in $215,838 more than it spent. Its reserves stood at about 34.4 months of spending, down from 47.4 in 2011. Staff pay was 38% of spending. $797,668 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
Brec 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