Cardon Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 3,884 | 2,320 | 1,564 | 3442.2 | 0% |
| 2021 | 291 | 596 | −305 | 13393.2 | 0% |
| 2022 | 237 | 2,339 | −2,102 | 3401.9 | 0% |
| 2023 | 8,979 | 2,570 | 6,409 | 3126.1 | 0% |
In its most recent public year (2023), this organization brought in $6,409 more than it spent. Its reserves stood at about 3126.1 months of spending, down from 3442.2 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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