Develyn Education Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 105,864 | 127,899 | −22,035 | 50.7 | 0% |
| 2021 | 95,441 | 102,611 | −7,170 | 68.0 | 0% |
| 2022 | 206,158 | 279,325 | −73,167 | 19.8 | 0% |
| 2023 | 167,251 | 145,488 | 21,763 | 41.1 | 16% |
In its most recent public year (2023), this organization brought in $21,763 more than it spent. Its reserves stood at about 41.1 months of spending, down from 50.7 in 2020. Staff pay was 16% of spending. $66,535 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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