Independence First Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 15,535,757 | 362,899 | 15,172,858 | 541.3 | 0% |
| 2014 | 974,395 | 432,367 | 542,028 | 476.5 | 0% |
| 2015 | 1,128,292 | 149,131 | 979,161 | 1398.2 | 0% |
| 2016 | 1,046,977 | 283,641 | 763,336 | 798.1 | 27% |
| 2017 | 1,780,906 | 1,072,115 | 708,791 | 231.0 | 9% |
| 2018 | 2,133,462 | 1,038,120 | 1,095,342 | 219.3 | 7% |
| 2019 | 1,121,043 | 3,260,182 | −2,139,139 | 72.2 | 2% |
| 2020 | 401,385 | 4,473,266 | −4,071,881 | 46.3 | 0% |
| 2021 | 3,232,092 | 808,781 | 2,423,311 | 272.2 | 0% |
| 2022 | 489,061 | 842,144 | −353,083 | 211.3 | 0% |
| 2023 | 591,102 | 914,397 | −323,295 | 208.6 | 0% |
In its most recent public year (2023), this organization spent $323,295 more than it brought in. Its reserves stood at about 208.6 months of spending, down from 541.3 in 2013. Staff pay was 0% 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 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
Independence First Foundation Inc'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