Lead Education Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 719,163 | 794,346 | −75,183 | -1.0 | 38% |
| 2020 | 3,354,696 | 3,264,186 | 90,510 | 0.0 | 49% |
| 2021 | 5,385,239 | 5,922,654 | −537,415 | -1.2 | 37% |
In its most recent public year (2021), this organization spent $537,415 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-1.2 months). Staff pay was 37% 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
Lead Education Foundation'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