Novem Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 32,144 | 6,024 | 26,120 | 52.0 | — |
| 2020 | 20,029 | 7,768 | 12,261 | 59.3 | — |
| 2021 | 21,742 | 19,537 | 2,205 | 24.9 | — |
| 2022 | 46,067 | 8,387 | 37,680 | 112.0 | — |
| 2023 | 8,069 | 31,810 | −23,741 | 20.6 | — |
In its most recent public year (2023), this organization spent $23,741 more than it brought in. Its reserves stood at about 20.6 months of spending, down from 52 in 2019.
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
Novem Foundation Inc'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