Kendi Foundation Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 1,500 | 0 | 1,500 | — | — |
| 2020 | 0 | 225 | −225 | 68.0 | — |
| 2021 | 73,430 | 72,426 | 1,004 | 0.4 | — |
| 2022 | 312,732 | 314,755 | −2,023 | 0.0 | 82% |
| 2023 | 381,480 | 381,605 | −125 | 0.0 | 94% |
In its most recent public year (2023), this organization spent $125 more than it brought in. Its reserves stood at about 0 months of spending. Staff pay was 94% 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
Kendi Foundation Incorporated'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