Far And Wise Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 68,077 | 1,845 | 66,232 | 430.8 | — |
| 2014 | 55,146 | 60,348 | −5,202 | 12.1 | — |
| 2015 | 76,964 | 66,647 | 10,317 | 12.8 | — |
| 2016 | 66,767 | 57,769 | 8,998 | 16.7 | — |
| 2017 | 125,140 | 90,451 | 34,689 | 15.3 | — |
| 2018 | 240,133 | 118,134 | 121,999 | 24.1 | 73% |
| 2019 | 278,196 | 140,929 | 137,267 | 31.9 | 64% |
| 2020 | 255,552 | 191,347 | 64,205 | 27.5 | 55% |
| 2021 | 664,828 | 268,135 | 396,693 | 37.4 | 60% |
| 2022 | 1,141,817 | 520,405 | 621,412 | 30.7 | 60% |
| 2023 | 1,574,585 | 853,715 | 720,870 | 31.3 | 57% |
In its most recent public year (2023), this organization brought in $720,870 more than it spent. Its reserves stood at about 31.3 months of spending, down from 430.8 in 2013. Staff pay was 57% of spending. $354,236 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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