Education Matters Africa Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 1,250,799 | 68,332 | 1,182,467 | 217.1 | 0% |
| 2020 | 682,973 | 246,804 | 436,169 | 80.0 | 0% |
| 2021 | 574,637 | 376,079 | 198,558 | 58.8 | 0% |
| 2022 | 539,594 | 1,367,179 | −827,585 | 8.7 | 0% |
| 2023 | 1,321,052 | 1,961,627 | −640,575 | 2.2 | 0% |
In its most recent public year (2023), this organization spent $640,575 more than it brought in. Its reserves stood at about 2.2 months of spending, down from 217.1 in 2019. 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
Education Matters Africa 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