First Things Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 49,823 | 25,533 | 24,290 | 11.4 | — |
| 2014 | 25,825 | 24,168 | 1,657 | 12.9 | — |
| 2015 | 48,834 | 26,545 | 22,289 | 21.8 | — |
| 2016 | 74,683 | 73,431 | 1,252 | 8.1 | — |
| 2017 | 99,203 | 94,666 | 4,537 | 4.8 | — |
| 2018 | 70,512 | 69,185 | 1,327 | 3.4 | — |
| 2019 | 167,866 | 159,259 | 8,607 | 2.1 | — |
| 2020 | 339,124 | 242,517 | 96,607 | 6.2 | 46% |
| 2021 | 428,427 | 344,579 | 83,848 | 7.3 | 21% |
| 2022 | 721,112 | 891,396 | −170,284 | -0.5 | 16% |
In its most recent public year (2022), this organization spent $170,284 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-0.5 months), down from 11.4 in 2013. Staff pay was 16% of spending.
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 2022. 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
First Things Foundation Inc's IRS filings as a feed — one entry per filing year, through 2022. 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