Foundation For The Elderly
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 3,408,484 | 3,327,294 | 81,190 | 1.0 | 53% |
| 2011 | 4,033,397 | 3,863,333 | 170,064 | 1.4 | 56% |
| 2012 | 5,016,484 | 4,792,892 | 223,592 | 1.7 | 64% |
| 2013 | 6,338,408 | 6,051,189 | 287,219 | 1.9 | 71% |
| 2014 | 8,860,699 | 9,310,140 | −449,441 | 1.0 | 72% |
| 2015 | 10,599,367 | 10,985,882 | −386,515 | -0.1 | 71% |
| 2016 | 13,176,871 | 13,169,767 | 7,104 | -0.1 | 74% |
| 2017 | 15,054,676 | 15,205,507 | −150,831 | -0.2 | 74% |
| 2018 | 19,746,951 | 20,331,727 | −584,776 | -0.5 | 74% |
| 2019 | 28,189,986 | 28,729,083 | −539,097 | -0.6 | 76% |
| 2020 | 36,305,821 | 35,551,570 | 754,251 | -0.2 | 68% |
| 2021 | 36,299,710 | 35,687,149 | 612,561 | -0.0 | 74% |
| 2022 | 38,184,077 | 37,872,547 | 311,530 | 0.1 | 74% |
| 2023 | 45,107,323 | 45,948,210 | −840,887 | -0.2 | 72% |
In its most recent public year (2023), this organization spent $840,887 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-0.2 months), down from 1 in 2010. Staff pay was 72% 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
Foundation For The Elderly'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