Underground Foundations
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 71,213 | 26,358 | 44,855 | 20.4 | — |
| 2019 | 12,386 | 55,632 | −43,246 | 0.3 | — |
| 2020 | 35,787 | 36,299 | −512 | 0.4 | — |
| 2021 | 68,700 | 31,516 | 37,184 | 14.6 | — |
| 2022 | 54,583 | 45,709 | 8,874 | 12.4 | — |
| 2023 | 57,104 | 58,905 | −1,801 | 9.2 | — |
| 2024 | 55,338 | 65,322 | −9,984 | 6.5 | — |
In its most recent public year (2024), this organization spent $9,984 more than it brought in. Its reserves stood at about 6.5 months of spending, down from 20.4 in 2018.
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 2024. 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
Underground Foundations's IRS filings as a feed — one entry per filing year, through 2024. 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