Sundt Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 762,393 | 764,399 | −2,006 | 5.2 | 0% |
| 2012 | 572,036 | 615,917 | −43,881 | 5.6 | 0% |
| 2013 | 586,634 | 588,062 | −1,428 | 5.8 | 0% |
| 2014 | 455,313 | 625,960 | −170,647 | 3.3 | 0% |
| 2015 | 511,094 | 546,407 | −35,313 | 3.0 | 0% |
| 2016 | 597,596 | 619,312 | −21,716 | 3.1 | 0% |
| 2017 | 744,374 | 741,438 | 2,936 | 2.7 | 0% |
| 2018 | 665,508 | 656,285 | 9,223 | 3.2 | 0% |
| 2019 | 999,433 | 879,433 | 120,000 | 4.0 | 0% |
| 2020 | 990,879 | 1,092,747 | −101,868 | 2.1 | 0% |
| 2021 | 677,715 | 688,960 | −11,245 | 3.1 | 0% |
| 2022 | 1,081,260 | 1,010,301 | 70,959 | 3.0 | 0% |
| 2023 | 1,636,193 | 1,512,040 | 124,153 | 3.0 | 0% |
In its most recent public year (2023), this organization brought in $124,153 more than it spent. Its reserves stood at about 3 months of spending, down from 5.2 in 2011. Staff pay was 0% of spending. $354,082 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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