Adams Gladwell Durham Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 30,000 | 0 | 30,000 | — | — |
| 2017 | 50,000 | 2,874 | 47,126 | 322.0 | — |
| 2018 | 101,000 | 88,617 | 12,383 | 12.1 | — |
| 2019 | 26,514 | 65,910 | −39,396 | 9.1 | — |
| 2020 | 100,000 | 61,919 | 38,081 | 17.1 | — |
| 2021 | 100,103 | 185,497 | −85,394 | 0.2 | — |
| 2022 | 100,002 | 103,644 | −3,642 | -0.1 | — |
| 2023 | 100,004 | 2,429 | 97,575 | 477.9 | — |
In its most recent public year (2023), this organization brought in $97,575 more than it spent. Its reserves stood at about 477.9 months 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
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