Niagara Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 288,156 | 302,123 | −13,967 | 1.8 | 0% |
| 2011 | 498,450 | 481,093 | 17,357 | 1.6 | 20% |
| 2012 | 817,512 | 784,076 | 33,436 | 1.5 | 36% |
| 2013 | 1,006,486 | 885,308 | 121,178 | 3.0 | 41% |
| 2014 | 1,160,655 | 1,074,455 | 86,200 | 2.9 | 39% |
| 2015 | 1,150,556 | 1,137,549 | 13,007 | 2.9 | 32% |
| 2016 | 453,991 | 569,672 | −115,681 | 3.4 | 43% |
| 2017 | 309,116 | 315,282 | −6,166 | 5.9 | 28% |
| 2018 | 121,432 | 215,293 | −93,861 | 3.1 | — |
| 2019 | 77,454 | 77,338 | 116 | 1.6 | — |
| 2020 | 52,804 | 61,886 | −9,082 | 0.3 | — |
| 2021 | 61,786 | 93,176 | −31,390 | -3.8 | — |
| 2022 | 84,954 | 107,236 | −22,282 | -5.8 | — |
| 2023 | 113,523 | 112,440 | 1,083 | -5.5 | — |
In its most recent public year (2023), this organization brought in $1,083 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-5.5 months), down from 1.8 in 2010.
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
Niagara 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