The Foundation For Embryonic Competence Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 0 | 131 | −131 | -12.0 | 0% |
| 2014 | 94,632,976 | 3,830,619 | 90,802,357 | 284.3 | 13% |
| 2015 | 9,684,125 | 7,478,668 | 2,205,457 | 148.9 | 27% |
| 2016 | 9,631,499 | 8,079,084 | 1,552,415 | 140.5 | 31% |
| 2017 | 8,966,143 | 77,414,549 | −68,448,406 | 3.5 | 3% |
| 2018 | 5,963,159 | 6,568,585 | −605,426 | 39.7 | 18% |
| 2019 | 5,872,571 | 7,812,065 | −1,939,494 | 30.5 | 23% |
| 2020 | 5,787,769 | 6,938,014 | −1,150,245 | 32.4 | 24% |
| 2021 | 15,272,541 | 8,009,129 | 7,263,412 | 39.4 | 25% |
| 2022 | 7,260,831 | 4,653,715 | 2,607,116 | 41.4 | 28% |
| 2023 | −3,532,420 | 1,387,565 | −4,919,985 | 126.2 | 36% |
In its most recent public year (2023), this organization spent $4,919,985 more than it brought in. Its reserves stood at about 126.2 months of spending, up from -12 in 2013. Staff pay was 36% 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
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