Business Education Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 3,197,655 | 1,601,401 | 1,596,254 | 12.0 | 46% |
| 2021 | 2,174,881 | 2,467,154 | −292,273 | 5.2 | 51% |
| 2022 | 1,999,588 | 1,367,112 | 632,476 | 15.0 | 58% |
| 2023 | 1,035,739 | 1,457,509 | −421,770 | 10.6 | 59% |
In its most recent public year (2023), this organization spent $421,770 more than it brought in. Its reserves stood at about 10.6 months of spending, down from 12 in 2020. Staff pay was 59% of spending. $149,510 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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