Nko Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 501,048 | 122,901 | 378,147 | 36.9 | 2% |
| 2018 | 1,052,193 | 566,302 | 485,891 | 18.3 | 0% |
| 2019 | 527,416 | 37,571 | 489,845 | 432.2 | 0% |
| 2020 | 655,156 | 270,038 | 385,118 | 79.8 | 0% |
| 2021 | 1,586,163 | 1,543,479 | 42,684 | 14.3 | 0% |
| 2022 | 152,066 | 269,511 | −117,445 | 76.7 | 0% |
| 2023 | 585,617 | 391,615 | 194,002 | 43.3 | 0% |
In its most recent public year (2023), this organization brought in $194,002 more than it spent. Its reserves stood at about 43.3 months of spending, up from 36.9 in 2017. Staff pay was 0% 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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