Foundation For Excellence Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,895,765 | 1,858,119 | 37,646 | 0.9 | 0% |
| 2021 | 1,996,693 | 2,000,769 | −4,076 | 0.8 | 0% |
| 2022 | 2,706,304 | 1,606,820 | 1,099,484 | 9.2 | 0% |
| 2023 | 2,333,174 | 2,087,013 | 246,161 | 8.5 | 0% |
In its most recent public year (2023), this organization brought in $246,161 more than it spent. Its reserves stood at about 8.5 months of spending, up from 0.9 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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