Pinebelt Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 11,305,102 | 2,231,084 | 9,074,018 | 91.8 | 7% |
| 2021 | 10,495,358 | 3,980,564 | 6,514,794 | 71.1 | 4% |
| 2022 | 11,076,080 | 5,719,712 | 5,356,368 | 53.5 | 3% |
| 2023 | 5,581,238 | 3,295,148 | 2,286,090 | 108.3 | 7% |
In its most recent public year (2023), this organization brought in $2,286,090 more than it spent. Its reserves stood at about 108.3 months of spending, up from 91.8 in 2020. Staff pay was 7% of spending. $27,587,949 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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