Michael Hoefflin Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 336,414 | 316,216 | 20,198 | 11.3 | 41% |
| 2012 | 353,565 | 345,196 | 8,369 | 10.6 | 38% |
| 2013 | 411,729 | 382,083 | 29,646 | 10.5 | 35% |
| 2014 | 522,302 | 430,118 | 92,184 | 11.9 | 36% |
| 2015 | 494,259 | 505,596 | −11,337 | 9.9 | 33% |
| 2016 | 431,541 | 482,544 | −51,003 | 9.1 | 35% |
| 2017 | 478,913 | 411,623 | 67,290 | 12.6 | 41% |
| 2018 | 546,153 | 473,574 | 72,579 | 12.8 | 37% |
| 2019 | 396,501 | 426,408 | −29,907 | 13.4 | 37% |
| 2020 | 300,374 | 331,426 | −31,052 | 16.1 | 39% |
| 2021 | 309,805 | 188,319 | 121,486 | 36.0 | 32% |
| 2022 | 303,860 | 210,470 | 93,390 | 37.6 | 29% |
| 2023 | 263,279 | 224,749 | 38,530 | 37.2 | 32% |
In its most recent public year (2023), this organization brought in $38,530 more than it spent. Its reserves stood at about 37.2 months of spending, up from 11.3 in 2011. Staff pay was 32% of spending. $4,052 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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