Honnold Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 208,854 | 1,068 | 207,786 | 2334.7 | 0% |
| 2019 | 1,456,231 | 546,345 | 909,886 | 24.6 | 18% |
| 2020 | 1,449,007 | 1,391,075 | 57,932 | 10.2 | 15% |
| 2021 | 2,549,011 | 1,525,476 | 1,023,535 | 17.3 | 18% |
| 2022 | 6,977,163 | 2,838,169 | 4,138,994 | 26.8 | 16% |
| 2023 | 1,944,526 | 3,563,493 | −1,618,967 | 1.9 | 18% |
In its most recent public year (2023), this organization spent $1,618,967 more than it brought in. Its reserves stood at about 1.9 months of spending, down from 2334.7 in 2018. Staff pay was 18% of spending. $63,640 of its net assets are donor-restricted.
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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