Formation Counseling Services Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 776,771 | 745,271 | 31,500 | 2.3 | 86% |
| 2012 | 883,851 | 856,914 | 26,937 | 2.4 | 85% |
| 2013 | 902,354 | 902,206 | 148 | 2.3 | 83% |
| 2014 | 927,749 | 893,045 | 34,704 | 2.7 | 83% |
| 2015 | 1,058,658 | 1,170,106 | −111,448 | 1.3 | 80% |
| 2016 | 1,325,182 | 1,319,129 | 6,053 | 1.2 | 80% |
| 2017 | 1,439,730 | 1,457,581 | −17,851 | 0.9 | 81% |
| 2018 | 1,540,494 | 1,523,240 | 17,254 | 1.0 | 81% |
| 2019 | 1,615,486 | 1,520,551 | 94,935 | 1.8 | 81% |
| 2020 | 1,821,745 | 1,661,706 | 160,039 | 2.8 | 82% |
| 2021 | 2,201,028 | 1,983,383 | 217,645 | 3.6 | 82% |
| 2022 | 1,856,515 | 1,918,541 | −62,026 | 3.4 | 81% |
| 2023 | 1,836,699 | 1,927,287 | −90,588 | 2.8 | 81% |
In its most recent public year (2023), this organization spent $90,588 more than it brought in. Its reserves stood at about 2.8 months of spending. Staff pay was 81% of spending. $36,139 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
Formation Counseling Services Inc'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