Elocen Group Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 171,323 | 100,000 | 71,323 | 8.6 | — |
| 2018 | 0 | 50,006 | −50,006 | 5.1 | — |
| 2019 | 70,084 | 28,637 | 41,447 | 26.3 | — |
| 2020 | 7,399 | 50,099 | −42,700 | 4.8 | — |
| 2021 | 66,692 | 25,110 | 41,582 | 29.5 | — |
| 2022 | 10,796 | 50,084 | −39,288 | 5.4 | — |
| 2023 | 306 | 132 | 174 | 2048.4 | — |
In its most recent public year (2023), this organization brought in $174 more than it spent. Its reserves stood at about 2048.4 months of spending, up from 8.6 in 2017.
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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