Carpinteria Education Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 377,356 | 244,489 | 132,867 | 44.9 | 9% |
| 2021 | 886,364 | 842,805 | 43,559 | 15.3 | 3% |
| 2022 | 406,879 | 401,005 | 5,874 | 29.8 | 9% |
| 2023 | 259,098 | 204,572 | 54,526 | 64.4 | 23% |
In its most recent public year (2023), this organization brought in $54,526 more than it spent. Its reserves stood at about 64.4 months of spending, up from 44.9 in 2020. Staff pay was 23% of spending. $624,930 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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