Family Formation Charitable Tr
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 24,413 | 5,280 | 19,133 | 43.5 | — |
| 2016 | 72,610 | 42,925 | 29,685 | 13.6 | — |
| 2017 | 13,880 | 43,917 | −30,037 | 5.1 | — |
| 2018 | 37,217 | 36,403 | 814 | 6.5 | — |
| 2019 | 16,914 | 18,253 | −1,339 | 12.0 | — |
| 2020 | 7,529 | 16,391 | −8,862 | 6.9 | — |
| 2021 | 25,381 | 2,052 | 23,329 | 191.4 | — |
In its most recent public year (2021), this organization brought in $23,329 more than it spent. Its reserves stood at about 191.4 months of spending, up from 43.5 in 2015.
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 2021. 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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