Foster Adopt Connect Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 518,211 | 464,527 | 53,684 | 3.9 | 55% |
| 2011 | 736,123 | 700,355 | 35,768 | 3.2 | 52% |
| 2012 | 1,053,828 | 1,001,081 | 52,747 | 2.9 | 60% |
| 2013 | 2,949,816 | 1,476,412 | 1,473,404 | 14.8 | 57% |
| 2014 | 3,110,431 | 2,399,223 | 711,208 | 12.7 | 56% |
| 2015 | 3,244,030 | 3,532,495 | −288,465 | 7.6 | 61% |
| 2016 | 4,295,043 | 3,967,309 | 327,734 | 7.8 | 67% |
| 2017 | 5,565,250 | 4,883,188 | 682,062 | 8.0 | 69% |
| 2018 | 8,089,606 | 6,321,245 | 1,768,361 | 9.5 | 72% |
| 2019 | 10,250,716 | 6,870,806 | 3,379,910 | 14.7 | 70% |
| 2020 | 9,176,216 | 8,303,015 | 873,201 | 14.7 | 59% |
| 2021 | 8,168,684 | 9,097,668 | −928,984 | 13.9 | 66% |
| 2022 | 18,851,984 | 17,486,599 | 1,365,385 | 8.3 | 59% |
| 2023 | 20,791,342 | 21,862,650 | −1,071,308 | 6.1 | 57% |
In its most recent public year (2023), this organization spent $1,071,308 more than it brought in. Its reserves stood at about 6.1 months of spending, up from 3.9 in 2010. Staff pay was 57% of spending. $3,974,487 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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