Faulk Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 44,747 | 50,693 | −5,946 | 8.1 | — |
| 2016 | 98,961 | 110,438 | −11,477 | 2.5 | — |
| 2017 | 152,974 | 135,670 | 17,304 | 3.6 | — |
| 2018 | 79,866 | 40,021 | 39,845 | 24.0 | — |
| 2019 | 43,867 | 70,612 | −26,745 | 9.1 | — |
| 2020 | 111,736 | 122,789 | −11,053 | 4.1 | — |
| 2021 | 72,036 | 81,220 | −9,184 | 4.9 | — |
| 2022 | 77,136 | 63,587 | 13,549 | 8.8 | — |
| 2023 | 98,164 | 73,951 | 24,213 | 11.5 | — |
In its most recent public year (2023), this organization brought in $24,213 more than it spent. Its reserves stood at about 11.5 months of spending, up from 8.1 in 2015.
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
Faulk 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