Ethiopia Education Initiatives Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 231,250 | 21,205 | 210,045 | 118.9 | 0% |
| 2018 | 659,419 | 73,107 | 586,312 | 130.7 | 0% |
| 2019 | 5,550,959 | 133,347 | 5,417,612 | 559.2 | 0% |
| 2020 | 6,184,513 | 297,969 | 5,886,544 | 487.3 | 10% |
| 2021 | 1,829,842 | 1,291,036 | 538,806 | 117.5 | 32% |
| 2022 | 1,940,785 | 1,709,923 | 230,862 | 90.3 | 23% |
| 2023 | 1,544,561 | 2,074,778 | −530,217 | 71.4 | 21% |
| 2024 | 4,944,613 | 2,314,414 | 2,630,199 | 77.6 | 12% |
In its most recent public year (2024), this organization brought in $2,630,199 more than it spent. Its reserves stood at about 77.6 months of spending, down from 118.9 in 2017. Staff pay was 12% of spending. $145,330 of its net assets are donor-restricted.
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
Ethiopia Education Initiatives Inc'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