The Foundation For Research On Equal Opportunity
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 175,000 | 52,180 | 122,820 | 28.2 | — |
| 2017 | 743,010 | 382,325 | 360,685 | 15.2 | 19% |
| 2018 | 388,644 | 716,369 | −327,725 | 2.6 | 46% |
| 2019 | 827,231 | 832,824 | −5,593 | 2.2 | 46% |
| 2020 | 987,673 | 946,938 | 40,735 | 2.4 | 48% |
| 2021 | 1,480,083 | 1,109,295 | 370,788 | 6.1 | 46% |
| 2022 | 2,038,270 | 1,765,451 | 272,819 | 5.7 | 40% |
| 2023 | 3,248,169 | 2,662,441 | 585,728 | 6.4 | 33% |
In its most recent public year (2023), this organization brought in $585,728 more than it spent. Its reserves stood at about 6.4 months of spending, down from 28.2 in 2016. Staff pay was 33% of spending. $1,453,517 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
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