Local First Arizona Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 78,542 | 67,451 | 11,091 | 15.7 | — |
| 2012 | 173,589 | 157,601 | 15,988 | 8.0 | — |
| 2013 | 230,191 | 234,151 | −3,960 | 5.2 | 68% |
| 2014 | 297,376 | 281,543 | 15,833 | 4.7 | 62% |
| 2015 | 447,772 | 452,568 | −4,796 | 3.1 | 54% |
| 2016 | 647,483 | 534,898 | 112,585 | 5.1 | 43% |
| 2017 | 752,476 | 728,602 | 23,874 | 4.2 | 41% |
| 2018 | 1,082,829 | 1,059,569 | 23,260 | 3.1 | 49% |
| 2019 | 1,304,299 | 1,295,377 | 8,922 | 2.8 | 46% |
| 2020 | 14,517,718 | 13,648,298 | 869,420 | 1.1 | 7% |
| 2021 | 5,988,087 | 4,654,764 | 1,333,323 | 6.8 | 40% |
| 2022 | 6,889,263 | 6,382,190 | 507,073 | 5.9 | 42% |
| 2023 | 12,939,628 | 13,030,339 | −90,711 | 2.8 | 30% |
In its most recent public year (2023), this organization spent $90,711 more than it brought in. Its reserves stood at about 2.8 months of spending, down from 15.7 in 2011. Staff pay was 30% of spending. $901,772 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
Local First Arizona 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