Education Leaders Of Color Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 885,000 | 396,490 | 488,510 | 18.7 | 44% |
| 2017 | 4,438,918 | 2,139,242 | 2,299,676 | 16.4 | 23% |
| 2018 | 3,904,555 | 2,426,151 | 1,478,404 | 21.7 | 21% |
| 2019 | 1,917,108 | 2,536,877 | −619,769 | 17.9 | 26% |
| 2020 | 5,172,182 | 3,062,081 | 2,110,101 | 23.1 | 31% |
| 2021 | 11,143,423 | 3,232,183 | 7,911,240 | 51.8 | 32% |
| 2022 | 7,018,957 | 5,958,694 | 1,060,263 | 29.5 | 31% |
| 2023 | 3,001,846 | 6,001,822 | −2,999,976 | 23.8 | 27% |
In its most recent public year (2023), this organization spent $2,999,976 more than it brought in. Its reserves stood at about 23.8 months of spending, up from 18.7 in 2016. Staff pay was 27% of spending. $2,755,103 of its net assets are donor-restricted.
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
Education Leaders Of Color Inc'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