Discovery Eye Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 680,849 | 660,221 | 20,628 | 38.8 | 11% |
| 2021 | 804,874 | 665,686 | 139,188 | 45.2 | 11% |
| 2022 | 563,217 | 567,298 | −4,081 | 49.4 | 12% |
| 2023 | 602,264 | 588,199 | 14,065 | 49.1 | 9% |
In its most recent public year (2023), this organization brought in $14,065 more than it spent. Its reserves stood at about 49.1 months of spending, up from 38.8 in 2020. Staff pay was 9% of spending. $220,197 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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