Reece Kelley Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 39,205 | 25,475 | 13,730 | 30.5 | — |
| 2019 | 35,459 | 38,494 | −3,035 | 19.2 | — |
| 2020 | 22,627 | 18,570 | 4,057 | 42.4 | — |
In its most recent public year (2020), this organization brought in $4,057 more than it spent. Its reserves stood at about 42.4 months of spending, up from 30.5 in 2018.
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 2020. 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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