Toledo Community Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 63,521 | 65,415 | −1,894 | 4.1 | — |
| 2012 | 60,115 | 52,501 | 7,614 | 6.8 | — |
| 2013 | 44,798 | 51,822 | −7,024 | 5.3 | — |
| 2014 | 54,629 | 48,435 | 6,194 | 7.2 | — |
| 2015 | 61,354 | 53,341 | 8,013 | 8.4 | — |
| 2016 | 49,458 | 52,807 | −3,349 | 7.7 | — |
| 2017 | 81,646 | 56,573 | 25,073 | 12.5 | — |
| 2018 | 98,407 | 59,481 | 38,926 | 19.7 | — |
| 2019 | 73,717 | 112,473 | −38,756 | 6.3 | 0% |
| 2020 | 49,757 | 40,960 | 8,797 | 19.9 | 0% |
| 2021 | 56,157 | 40,642 | 15,515 | 24.6 | — |
| 2022 | 97,398 | 66,906 | 30,492 | 20.4 | — |
| 2023 | 61,696 | 62,980 | −1,284 | 21.4 | — |
In its most recent public year (2023), this organization spent $1,284 more than it brought in. Its reserves stood at about 21.4 months of spending, up from 4.1 in 2011.
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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