Formosan Association For Public Affair Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 489,679 | 688,647 | −198,968 | 32.2 | 0% |
| 2012 | 917,928 | 599,289 | 318,639 | 43.4 | 0% |
| 2013 | 762,948 | 558,211 | 204,737 | 51.0 | 0% |
| 2014 | 762,593 | 657,811 | 104,782 | 45.2 | 0% |
| 2015 | 812,998 | 540,556 | 272,442 | 61.1 | 40% |
| 2016 | 1,073,073 | 407,794 | 665,279 | 100.6 | 35% |
| 2017 | −140,378 | 438,546 | −578,924 | 77.7 | 32% |
| 2018 | 931,125 | 756,226 | 174,899 | 71.5 | 18% |
| 2019 | 1,368,171 | 929,711 | 438,460 | 65.3 | 17% |
| 2020 | 1,160,122 | 412,469 | 747,653 | 169.0 | 38% |
| 2021 | 2,376,253 | 393,529 | 1,982,724 | 237.6 | 46% |
| 2022 | −2,692,133 | 913,113 | −3,605,246 | 55.0 | 24% |
In its most recent public year (2022), this organization spent $3,605,246 more than it brought in. Its reserves stood at about 55 months of spending, up from 32.2 in 2011. Staff pay was 24% of spending. $600,000 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 2022. 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
Formosan Association For Public Affair Inc's IRS filings as a feed — one entry per filing year, through 2022. 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