Reece Foundation Corp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 132,809 | 393,598 | −260,789 | -7.4 | 0% |
| 2021 | 110,882 | 108,493 | 2,389 | -26.4 | 0% |
| 2022 | 212,866 | 316,056 | −103,190 | -2.3 | 0% |
| 2023 | 461,599 | 258,716 | 202,883 | 6.6 | 0% |
In its most recent public year (2023), this organization brought in $202,883 more than it spent. Its reserves stood at about 6.6 months of spending, up from -7.4 in 2020. 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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