Nadine Foundation Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 67,000 | 154,240 | −87,240 | -2.6 | — |
| 2021 | 73,200 | 441,068 | −367,868 | -8.9 | — |
| 2022 | 80,520 | 37,700 | 42,820 | 3.0 | — |
In its most recent public year (2022), this organization brought in $42,820 more than it spent. Its reserves stood at about 3 months of spending, up from -2.6 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 2022. 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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