Foundation For Californias Technology And Innovation Economy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 135,320 | 32,118 | 103,202 | 124.0 | 0% |
| 2021 | 227,053 | 83,533 | 143,520 | 68.3 | 0% |
| 2022 | 209,957 | 105,725 | 104,232 | 65.8 | 0% |
| 2023 | 32,258 | 82,724 | −50,466 | 76.8 | 0% |
In its most recent public year (2023), this organization spent $50,466 more than it brought in. Its reserves stood at about 76.8 months of spending, down from 124 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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