Downey Foundation For Educational Opportunities
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 59,460 | 48,167 | 11,293 | 3.2 | — |
| 2018 | 39,484 | 37,591 | 1,893 | 4.7 | — |
| 2019 | 199,862 | 185,984 | 13,878 | 1.8 | — |
| 2020 | 359,386 | 311,037 | 48,349 | 3.0 | 17% |
| 2021 | 182,317 | 154,079 | 28,238 | 8.2 | 56% |
| 2022 | 2,195,467 | 2,015,980 | 179,487 | 1.6 | 77% |
| 2023 | 8,631,254 | 8,843,204 | −211,950 | 0.1 | 46% |
In its most recent public year (2023), this organization spent $211,950 more than it brought in. Its reserves stood at about 0.1 months of spending, down from 3.2 in 2017. Staff pay was 46% 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
Downey Foundation For Educational Opportunities'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