Rexel Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2022 | 251,162 | 10,000 | 241,162 | 289.4 | 0% |
| 2023 | 689,104 | 414,510 | 274,594 | 14.9 | 0% |
In its most recent public year (2023), this organization brought in $274,594 more than it spent. Its reserves stood at about 14.9 months of spending, down from 289.4 in 2022. Staff pay was 0% of spending. $4,845 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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