Community Foundation Forindependence
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 525,001 | 157,031 | 367,970 | 52.1 | 0% |
| 2016 | 403,701 | 680,612 | −276,911 | 7.1 | 0% |
| 2017 | 122,073 | 298,427 | −176,354 | 9.1 | 0% |
| 2018 | 131,946 | 120,124 | 11,822 | 23.8 | 0% |
| 2019 | 140,781 | 129,532 | 11,249 | 23.1 | 0% |
| 2020 | 137,652 | 79,918 | 57,734 | 46.1 | 0% |
| 2021 | 336,155 | 116,147 | 220,008 | 54.5 | 0% |
| 2022 | 316,107 | 158,242 | 157,865 | 52.0 | 0% |
| 2023 | 607,686 | 241,586 | 366,100 | 52.2 | 0% |
In its most recent public year (2023), this organization brought in $366,100 more than it spent. Its reserves stood at about 52.2 months of spending. Staff pay was 0% of spending.
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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