Inglewood Educational Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 71,385 | 29,065 | 42,320 | 92.4 | — |
| 2021 | 135,677 | 24,475 | 111,202 | 164.3 | — |
| 2022 | 397,127 | 160,686 | 236,441 | 42.7 | 0% |
| 2023 | 449,035 | 222,385 | 226,650 | 43.1 | 0% |
In its most recent public year (2023), this organization brought in $226,650 more than it spent. Its reserves stood at about 43.1 months of spending, down from 92.4 in 2020. Staff pay was 0% of spending.
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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