George W Donaghey Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 3,454,667 | 2,575,551 | 879,116 | 369.5 | 0% |
| 2021 | 3,472,792 | 2,504,596 | 968,196 | 405.6 | 0% |
| 2022 | 2,905,752 | 4,440,945 | −1,535,193 | 182.2 | 0% |
| 2023 | 3,451,538 | 4,648,109 | −1,196,571 | 187.4 | 0% |
In its most recent public year (2023), this organization spent $1,196,571 more than it brought in. Its reserves stood at about 187.4 months of spending, down from 369.5 in 2020. Staff pay was 0% 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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