Elite Mentoring Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 179,580 | 22,784 | 156,796 | 82.6 | — |
| 2019 | 25,074 | 23,952 | 1,122 | 79.1 | — |
| 2020 | 2,697 | 11,452 | −8,755 | 157.9 | — |
In its most recent public year (2020), this organization spent $8,755 more than it brought in. Its reserves stood at about 157.9 months of spending, up from 82.6 in 2018.
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 2020. 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
Elite Mentoring Foundation's IRS filings as a feed — one entry per filing year, through 2020. 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