Foundation For Life
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 226,975 | 224,347 | 2,628 | 4.4 | 45% |
| 2021 | 340,794 | 266,155 | 74,639 | 7.1 | 41% |
| 2022 | 443,244 | 204,883 | 238,361 | 23.2 | 54% |
| 2023 | 332,197 | 368,028 | −35,831 | 11.7 | 31% |
In its most recent public year (2023), this organization spent $35,831 more than it brought in. Its reserves stood at about 11.7 months of spending, up from 4.4 in 2020. Staff pay was 31% 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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