Fabnewport
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 307,166 | 170,453 | 136,713 | 11.6 | 47% |
| 2016 | 270,151 | 272,819 | −2,668 | 7.1 | 41% |
| 2017 | 216,363 | 287,049 | −70,686 | 3.8 | 38% |
| 2018 | 803,955 | 663,291 | 140,664 | 4.2 | 47% |
| 2019 | 884,859 | 854,192 | 30,667 | 3.7 | 58% |
| 2020 | 1,054,508 | 918,652 | 135,856 | 5.2 | 63% |
| 2021 | 1,530,716 | 1,126,922 | 403,794 | 8.5 | 68% |
| 2022 | 1,180,808 | 1,310,349 | −129,541 | 6.1 | 64% |
| 2023 | 1,074,239 | 1,201,610 | −127,371 | 5.6 | 56% |
In its most recent public year (2023), this organization spent $127,371 more than it brought in. Its reserves stood at about 5.6 months of spending, down from 11.6 in 2015. Staff pay was 56% of spending. $3,457 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
Fabnewport'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