Fundamentals First Academy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 85,536 | 61,346 | 24,190 | 10.8 | — |
| 2012 | 58,246 | 74,934 | −16,688 | 6.1 | — |
| 2013 | 117,179 | 69,721 | 47,458 | 14.8 | — |
| 2014 | 75,593 | 66,753 | 8,840 | 17.0 | — |
| 2015 | 111,323 | 104,355 | 6,968 | 11.7 | — |
| 2016 | 99,009 | 113,152 | −14,143 | 9.3 | — |
| 2017 | 120,631 | 112,454 | 8,177 | 10.2 | — |
| 2018 | 140,123 | 159,584 | −19,461 | 5.7 | — |
| 2019 | 121,780 | 162,155 | −40,375 | 2.6 | — |
| 2020 | 83,609 | 103,890 | −20,281 | 1.8 | — |
| 2021 | 146,507 | 87,419 | 59,088 | 10.2 | — |
| 2022 | 182,016 | 102,640 | 79,376 | 18.0 | — |
| 2023 | 151,764 | 127,442 | 24,322 | 16.8 | — |
In its most recent public year (2023), this organization brought in $24,322 more than it spent. Its reserves stood at about 16.8 months of spending, up from 10.8 in 2011.
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
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