Foundation For African American Education Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 10,000 | 40 | 9,960 | 2988.0 | — |
| 2017 | 2,012 | 1,708 | 304 | 72.1 | — |
| 2018 | 200 | 1,058 | −858 | 106.7 | — |
| 2019 | 5,000 | 8,448 | −3,448 | 8.5 | — |
| 2020 | 580 | 3,472 | −2,892 | 10.6 | — |
In its most recent public year (2020), this organization spent $2,892 more than it brought in. Its reserves stood at about 10.6 months of spending, down from 2988 in 2016.
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
Foundation For African American Education Inc's IRS filings as a feed — one entry per filing year, through 2020. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works