Permian Basin Area Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 19,415,939 | 11,847,053 | 7,568,886 | 235.6 | 10% |
| 2021 | 33,055,231 | 14,051,522 | 19,003,709 | 231.2 | 7% |
| 2022 | 41,134,480 | 22,816,810 | 18,317,670 | 128.1 | 5% |
| 2023 | 37,299,270 | 19,940,623 | 17,358,647 | 171.6 | 6% |
In its most recent public year (2023), this organization brought in $17,358,647 more than it spent. Its reserves stood at about 171.6 months of spending, down from 235.6 in 2020. Staff pay was 6% of spending. $12,653,622 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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