Foundation For Accounting Education Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 4,891,147 | 4,855,052 | 36,095 | 4.6 | 12% |
| 2012 | 5,407,319 | 5,438,580 | −31,261 | 3.7 | 27% |
| 2013 | 4,703,116 | 4,796,114 | −92,998 | 4.7 | 29% |
| 2014 | 4,828,428 | 4,798,110 | 30,318 | 4.8 | 29% |
| 2015 | 4,599,591 | 4,617,508 | −17,917 | 4.9 | 32% |
| 2016 | 4,272,896 | 4,175,304 | 97,592 | 5.4 | 32% |
| 2017 | 3,496,048 | 3,807,155 | −311,107 | 5.5 | 34% |
| 2018 | 3,926,942 | 3,896,530 | 30,412 | 5.2 | 33% |
| 2019 | 4,135,568 | 4,349,326 | −213,758 | 4.0 | 33% |
| 2020 | 4,041,476 | 6,632,592 | −2,591,116 | -2.0 | 22% |
| 2021 | 2,504,269 | 2,520,761 | −16,492 | -5.4 | 52% |
| 2022 | 2,606,275 | 2,593,865 | 12,410 | -5.2 | 54% |
| 2023 | 2,700,881 | 2,697,135 | 3,746 | -5.0 | 43% |
In its most recent public year (2023), this organization brought in $3,746 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-5 months), down from 4.6 in 2011. Staff pay was 43% of spending. $81,607 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
Foundation For Accounting Education Inc'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