Nextgen Education Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 725,000 | 472,412 | 252,588 | 6.4 | 68% |
| 2022 | 6,938,050 | 898,944 | 6,039,106 | 84.0 | 56% |
| 2023 | 12,851,474 | 9,064,748 | 3,786,726 | 13.5 | 13% |
In its most recent public year (2023), this organization brought in $3,786,726 more than it spent. Its reserves stood at about 13.5 months of spending, up from 6.4 in 2021. Staff pay was 13% of spending. $6,978,276 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
Nextgen Education Fund'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