Faithfirst Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 548,779 | 135,009 | 413,770 | 77.4 | 0% |
| 2019 | 163,776 | 160,299 | 3,477 | 65.5 | 0% |
| 2020 | 432,718 | 116,715 | 316,003 | 122.4 | 0% |
| 2021 | 314,556 | 292,369 | 22,187 | 49.8 | 0% |
| 2022 | 212,269 | 152,254 | 60,015 | 99.6 | 0% |
| 2023 | 148,688 | 141,923 | 6,765 | 92.7 | 0% |
In its most recent public year (2023), this organization brought in $6,765 more than it spent. Its reserves stood at about 92.7 months of spending, up from 77.4 in 2018. Staff pay was 0% of spending. $159,591 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
Faithfirst 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