7 Figure Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 230,169 | 5,197 | 224,972 | 519.5 | 0% |
| 2022 | 175,819 | 219,257 | −43,438 | 9.9 | 5% |
| 2023 | 167,806 | 175,560 | −7,754 | 11.9 | 23% |
In its most recent public year (2023), this organization spent $7,754 more than it brought in. Its reserves stood at about 11.9 months of spending, down from 519.5 in 2021. Staff pay was 23% 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
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