Foundation For West Africa
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 63,599 | 57,647 | 5,952 | -8.3 | — |
| 2012 | 31,205 | 19,570 | 11,635 | -17.3 | — |
| 2013 | 19,180 | 26,095 | −6,915 | -16.2 | — |
| 2014 | 97,989 | 30,154 | 67,835 | 13.0 | — |
| 2015 | 27,604 | 45,924 | −18,320 | 3.8 | — |
| 2016 | 89,542 | 14,562 | 74,980 | 75.5 | — |
| 2017 | 38,429 | 96,821 | −58,392 | 4.1 | — |
| 2018 | 62,290 | 54,217 | 8,073 | 9.1 | — |
| 2019 | 18,210 | 98,061 | −79,851 | -4.7 | — |
| 2020 | 51,249 | 35,056 | 16,193 | -7.7 | — |
| 2022 | 15,333 | 10,173 | 5,160 | -42.0 | — |
| 2023 | 10,188 | 21,933 | −11,745 | -25.9 | — |
In its most recent public year (2023), this organization spent $11,745 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-25.9 months), down from -8.3 in 2011.
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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