Farhang Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 599,603 | 257,462 | 342,141 | 33.4 | 39% |
| 2013 | 895,075 | 625,696 | 269,379 | 18.9 | 23% |
| 2014 | 1,440,725 | 1,051,666 | 389,059 | 15.7 | 9% |
| 2015 | 595,960 | 562,864 | 33,096 | 30.0 | 29% |
| 2016 | 749,459 | 615,219 | 134,240 | 30.1 | 34% |
| 2017 | 2,509,812 | 1,864,530 | 645,282 | 14.1 | 12% |
| 2018 | 2,781,755 | 4,311,813 | −1,530,058 | 1.8 | 7% |
| 2019 | 2,241,090 | 1,733,907 | 507,183 | 8.1 | 15% |
| 2020 | 1,625,619 | 1,930,647 | −305,028 | 5.3 | 18% |
| 2021 | 1,149,138 | 854,670 | 294,468 | 16.9 | 35% |
| 2022 | 1,919,260 | 1,185,868 | 733,392 | 20.8 | 32% |
| 2023 | 5,290,700 | 1,814,518 | 3,476,182 | 36.7 | 22% |
In its most recent public year (2023), this organization brought in $3,476,182 more than it spent. Its reserves stood at about 36.7 months of spending, up from 33.4 in 2012. Staff pay was 22% of spending. $4,694,769 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
Farhang 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