Fremont Area Community Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 4,076,702 | 2,499,855 | 1,576,847 | 104.6 | 7% |
| 2021 | 3,888,897 | 3,004,130 | 884,767 | 107.0 | 6% |
| 2022 | 4,891,897 | 2,108,208 | 2,783,689 | 143.7 | 9% |
| 2023 | 3,451,152 | 3,936,588 | −485,436 | 79.4 | 5% |
In its most recent public year (2023), this organization spent $485,436 more than it brought in. Its reserves stood at about 79.4 months of spending, down from 104.6 in 2020. Staff pay was 5% of spending. $16,233,743 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works