Honored Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 286,500 | 255,128 | 31,372 | 1.5 | 0% |
| 2017 | 444,714 | 389,312 | 55,402 | 2.7 | 0% |
| 2018 | 328,387 | 235,079 | 93,308 | 9.2 | 0% |
| 2019 | 380,239 | 349,969 | 30,270 | 7.2 | 36% |
| 2020 | 212,697 | 344,783 | −132,086 | 2.7 | 43% |
| 2021 | 340,028 | 264,191 | 75,837 | 7.0 | 37% |
| 2022 | 371,170 | 340,168 | 31,002 | 6.5 | 32% |
| 2023 | 446,489 | 500,355 | −53,866 | 3.1 | 45% |
In its most recent public year (2023), this organization spent $53,866 more than it brought in. Its reserves stood at about 3.1 months of spending, up from 1.5 in 2016. Staff pay was 45% 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
Honored Foundation's IRS filings as a feed — one entry per filing year, through 2023. 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