Nomma Education Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 59,897 | 63,959 | −4,062 | 55.6 | — |
| 2021 | 18,928 | 51,098 | −32,170 | 62.0 | — |
| 2022 | 73,329 | 62,565 | 10,764 | 52.4 | — |
| 2023 | 36,427 | 92,950 | −56,523 | 27.8 | — |
In its most recent public year (2023), this organization spent $56,523 more than it brought in. Its reserves stood at about 27.8 months of spending, down from 55.6 in 2020.
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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