Foundation For Tacoma Students
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 400,889 | 391,528 | 9,361 | 0.7 | 92% |
| 2015 | 598,086 | 547,984 | 50,102 | 1.6 | 86% |
| 2016 | 1,754,337 | 661,585 | 1,092,752 | 21.1 | 90% |
| 2017 | 1,440,567 | 1,351,881 | 88,686 | 11.1 | 52% |
| 2018 | 1,525,019 | 1,605,564 | −80,545 | 14.0 | 50% |
| 2019 | 4,146,160 | 2,960,783 | 1,185,377 | 12.4 | 40% |
| 2020 | 3,584,937 | 3,156,055 | 428,882 | 13.3 | 38% |
| 2021 | 3,006,188 | 3,063,212 | −57,024 | 13.4 | 36% |
| 2022 | 1,439,731 | 2,851,992 | −1,412,261 | 8.4 | 39% |
| 2023 | 2,830,190 | 4,164,096 | −1,333,906 | 2.1 | 36% |
In its most recent public year (2023), this organization spent $1,333,906 more than it brought in. Its reserves stood at about 2.1 months of spending, up from 0.7 in 2014. Staff pay was 36% of spending. $86,445 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
Foundation For Tacoma Students'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