Faith In Action Alabama
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 88,371 | 50,785 | 37,586 | 10.7 | — |
| 2012 | 163,383 | 152,859 | 10,524 | 4.4 | — |
| 2013 | 47,959 | 29,004 | 18,955 | 30.9 | — |
| 2014 | 1,850 | 61,407 | −59,557 | 3.0 | — |
| 2015 | 52,025 | 52,488 | −463 | 3.4 | — |
| 2016 | 107,449 | 102,064 | 5,385 | 2.4 | — |
| 2017 | 264,274 | 199,057 | 65,217 | 6.1 | 53% |
| 2018 | 438,603 | 271,162 | 167,441 | 11.9 | 53% |
| 2019 | 148,352 | 259,740 | −111,388 | 7.3 | 58% |
| 2020 | 1,076,977 | 271,816 | 805,161 | 42.5 | 49% |
| 2021 | 421,768 | 503,840 | −82,072 | 21.0 | 54% |
| 2022 | 1,024,434 | 708,103 | 316,331 | 20.4 | 61% |
| 2023 | 616,899 | 948,803 | −331,904 | 11.0 | 50% |
In its most recent public year (2023), this organization spent $331,904 more than it brought in. Its reserves stood at about 11 months of spending. Staff pay was 50% of spending. $129,051 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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