Culver City Education Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 323,444 | 210,741 | 112,703 | 22.0 | 30% |
| 2012 | 424,559 | 376,532 | 48,027 | 13.8 | 20% |
| 2013 | 297,917 | 311,957 | −14,040 | 11.3 | 26% |
| 2014 | 473,395 | 475,366 | −1,971 | 10.5 | 20% |
| 2015 | 555,424 | 609,143 | −53,719 | 6.3 | 18% |
| 2016 | 353,882 | 390,891 | −37,009 | 8.5 | 28% |
| 2017 | 1,385,256 | 567,567 | 817,689 | 23.6 | 18% |
| 2018 | 558,359 | 554,000 | 4,359 | 24.7 | 19% |
| 2019 | 876,853 | 533,819 | 343,034 | 34.1 | 23% |
| 2020 | 456,828 | 424,776 | 32,052 | 45.4 | 27% |
| 2021 | 750,238 | 540,750 | 209,488 | 45.0 | 26% |
| 2022 | 666,836 | 793,998 | −127,162 | 23.3 | 20% |
| 2023 | 540,971 | 559,632 | −18,661 | 34.8 | 30% |
In its most recent public year (2023), this organization spent $18,661 more than it brought in. Its reserves stood at about 34.8 months of spending, up from 22 in 2011. Staff pay was 30% of spending. $617,286 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
Culver City Education Foundation'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