Frederick E Hart Foundation For Educational Opportunity
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 104,338 | 35,270 | 69,068 | 23.5 | — |
| 2018 | 70,182 | 60,538 | 9,644 | 15.6 | — |
| 2019 | 51,420 | 85,768 | −34,348 | 6.2 | — |
| 2020 | 77,698 | 90,778 | −13,080 | 4.1 | — |
| 2021 | 109,389 | 84,653 | 24,736 | 8.1 | 64% |
In its most recent public year (2021), this organization brought in $24,736 more than it spent. Its reserves stood at about 8.1 months of spending, down from 23.5 in 2017. Staff pay was 64% 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 2021. 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
Frederick E Hart Foundation For Educational Opportunity's IRS filings as a feed — one entry per filing year, through 2021. 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