Finnish Center Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 72,381 | 140,939 | −68,558 | 47.6 | 17% |
| 2012 | 155,672 | 133,387 | 22,285 | 49.7 | 0% |
| 2013 | 188,598 | 157,386 | 31,212 | 44.5 | 0% |
| 2014 | 217,790 | 172,440 | 45,350 | 43.8 | 0% |
| 2015 | 165,300 | 175,513 | −10,213 | 42.3 | 0% |
| 2016 | 170,736 | 190,765 | −20,029 | 37.4 | 0% |
| 2017 | 167,837 | 194,803 | −26,966 | 34.9 | 0% |
| 2018 | 215,257 | 188,928 | 26,329 | 37.7 | 0% |
| 2019 | 238,889 | 182,318 | 56,571 | 42.8 | 0% |
| 2020 | 70,439 | 125,068 | −54,629 | 57.1 | 0% |
| 2021 | 67,943 | 123,200 | −55,257 | 52.6 | 0% |
| 2022 | 105,066 | 156,584 | −51,518 | 37.4 | 4% |
| 2023 | 189,699 | 129,729 | 59,970 | 50.7 | 5% |
In its most recent public year (2023), this organization brought in $59,970 more than it spent. Its reserves stood at about 50.7 months of spending, up from 47.6 in 2011. Staff pay was 5% of spending. $60,489 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
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