Olivecs Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 75,000 | 0 | 75,000 | — | — |
| 2021 | 517,967 | 33,447 | 484,520 | 203.7 | 0% |
| 2022 | 15,767 | 22,285 | −6,518 | 302.2 | 0% |
| 2023 | 4,448 | 26,472 | −22,024 | 244.4 | 0% |
In its most recent public year (2023), this organization spent $22,024 more than it brought in. Its reserves stood at about 244.4 months of spending. Staff pay was 0% 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
Olivecs Foundation'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