The Degen Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 252,187 | 35,673 | 216,514 | 3358.7 | 0% |
| 2012 | 629,251 | 86,786 | 542,465 | 1380.1 | 0% |
| 2013 | 1,456,770 | 680,265 | 776,505 | 178.9 | 0% |
| 2014 | 60,673,084 | 614,099 | 60,058,985 | 1455.0 | 0% |
| 2015 | 2,036,170 | 428,482 | 1,607,688 | 2093.1 | 0% |
| 2016 | 883,596 | 10,478,850 | −9,595,254 | 72.7 | 0% |
| 2017 | 4,050,842 | 21,620,474 | −17,569,632 | 25.5 | 0% |
| 2018 | 1,354,585 | 35,310,837 | −33,956,252 | 4.1 | 0% |
| 2019 | 435,474 | 666,839 | −231,365 | 213.9 | 0% |
| 2021 | 926,469 | 544,627 | 381,842 | 319.4 | 0% |
| 2022 | 4,463,025 | 625,690 | 3,837,335 | 254.7 | 0% |
| 2023 | 774,095 | 587,883 | 186,212 | 280.8 | 0% |
In its most recent public year (2023), this organization brought in $186,212 more than it spent. Its reserves stood at about 280.8 months of spending, down from 3358.7 in 2011. Staff pay was 0% of spending. $20,471 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
The Degen 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