Open Avenues Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 279,566 | 150,741 | 128,825 | 10.3 | 0% |
| 2019 | 122,393 | 187,079 | −64,686 | 4.1 | 3% |
| 2020 | 192,227 | 191,549 | 678 | 4.1 | 9% |
| 2021 | 946,534 | 719,350 | 227,184 | 4.7 | 49% |
| 2022 | 2,031,173 | 1,901,819 | 129,354 | 2.6 | 48% |
| 2023 | 4,244,093 | 4,277,816 | −33,723 | 1.1 | 36% |
In its most recent public year (2023), this organization spent $33,723 more than it brought in. Its reserves stood at about 1.1 months of spending, down from 10.3 in 2018. Staff pay was 36% 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
Open Avenues Foundation's IRS filings as a feed — one entry per filing year, through 2023. 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