The Ark Fostercare Program
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 42,475 | 44,266 | −1,791 | -10.0 | — |
| 2022 | 23,409 | 24,298 | −889 | -18.6 | — |
| 2023 | 21,971 | 21,919 | 52 | -20.6 | — |
In its most recent public year (2023), this organization brought in $52 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-20.6 months), down from -10 in 2021.
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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