Bric Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 211,670 | 122,567 | 89,103 | 10.1 | 76% |
| 2022 | 336,022 | 337,003 | −981 | 3.6 | 43% |
| 2023 | 918,486 | 510,703 | 407,783 | 12.0 | 33% |
In its most recent public year (2023), this organization brought in $407,783 more than it spent. Its reserves stood at about 12 months of spending, up from 10.1 in 2021. Staff pay was 33% 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
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