Building Futures Iii Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 44,989 | 65,878 | −20,889 | 135.7 | 17% |
| 2013 | 49,574 | 66,125 | −16,551 | 132.2 | 17% |
| 2014 | 48,397 | 66,134 | −17,737 | 128.9 | 17% |
| 2015 | 103,359 | 96,443 | 6,916 | 89.3 | 10% |
| 2016 | 49,515 | 94,607 | −45,092 | 85.3 | 10% |
| 2017 | 51,484 | 69,947 | −18,463 | 112.2 | 15% |
| 2018 | 51,369 | 69,088 | −17,719 | 110.5 | 15% |
| 2019 | 51,625 | 67,940 | −16,315 | 109.5 | 15% |
| 2020 | 51,630 | 69,039 | −17,409 | 104.7 | 15% |
| 2021 | 51,719 | 71,270 | −19,551 | 98.1 | 15% |
| 2022 | 51,036 | 76,319 | −25,283 | 87.7 | 16% |
| 2023 | 53,733 | 82,466 | −28,733 | 77.0 | 14% |
In its most recent public year (2023), this organization spent $28,733 more than it brought in. Its reserves stood at about 77 months of spending, down from 135.7 in 2012. Staff pay was 14% of spending. $882,700 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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