Fownes Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 53,936 | 98,427 | −44,491 | 35.4 | — |
| 2012 | 105,456 | 117,073 | −11,617 | 29.0 | — |
| 2013 | 92,672 | 95,505 | −2,833 | 35.8 | — |
| 2014 | 1,607,825 | 87,279 | 1,520,546 | 236.8 | 0% |
| 2015 | 675,653 | 1,288,909 | −613,256 | 10.4 | 1% |
| 2016 | 109,066 | 478,933 | −369,867 | 18.9 | 3% |
| 2017 | 209,306 | 81,234 | 128,072 | 113.9 | 17% |
| 2018 | 96,244 | 46,707 | 49,537 | 211.8 | 26% |
| 2019 | 170,381 | 140,963 | 29,418 | 73.1 | 9% |
| 2020 | 1,601,126 | 380,524 | 1,220,602 | 65.7 | 2% |
| 2021 | 187,029 | 178,936 | 8,093 | 140.7 | 9% |
| 2022 | 141,998 | 60,103 | 81,895 | 436.6 | 18% |
| 2023 | 41,440 | 61,578 | −20,138 | 423.3 | 11% |
In its most recent public year (2023), this organization spent $20,138 more than it brought in. Its reserves stood at about 423.3 months of spending, up from 35.4 in 2011. Staff pay was 11% of spending. $15,000 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
Fownes Foundation'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