Foundation For Community Betterment
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 373,421 | 365,720 | 7,701 | 3.7 | 7% |
| 2012 | 193,086 | 209,812 | −16,726 | 9.1 | — |
| 2013 | 163,328 | 155,619 | 7,709 | 12.0 | — |
| 2014 | 226,072 | 134,168 | 91,904 | 22.6 | 23% |
| 2015 | 150,635 | 123,496 | 27,139 | 26.5 | — |
| 2016 | 149,676 | 170,477 | −20,801 | 18.9 | — |
| 2017 | 159,494 | 152,419 | 7,075 | 22.5 | 26% |
| 2018 | 264,894 | 232,607 | 32,287 | 15.9 | 16% |
| 2019 | 237,031 | 220,401 | 16,630 | 17.7 | 18% |
| 2020 | 197,169 | 195,064 | 2,105 | 20.1 | 21% |
| 2021 | 228,724 | 140,247 | 88,477 | 35.5 | 29% |
| 2022 | 182,545 | 179,554 | 2,991 | 25.0 | 23% |
| 2023 | 302,924 | 301,070 | 1,854 | 17.2 | 15% |
In its most recent public year (2023), this organization brought in $1,854 more than it spent. Its reserves stood at about 17.2 months of spending, up from 3.7 in 2011. Staff pay was 15% of spending. $279,739 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
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