Pinky Cole Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 59,504 | 60,342 | −838 | 0.4 | — |
| 2021 | 137,577 | 79,853 | 57,724 | 9.0 | — |
| 2022 | 416,576 | 386,680 | 29,896 | 2.8 | 33% |
| 2023 | 194,880 | 171,090 | 23,790 | 7.9 | 53% |
In its most recent public year (2023), this organization brought in $23,790 more than it spent. Its reserves stood at about 7.9 months of spending, up from 0.4 in 2020. Staff pay was 53% 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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