Colonial Flag Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 411,995 | 421,725 | −9,730 | -4.1 | 15% |
| 2011 | 737,750 | 776,390 | −38,640 | -4.3 | 8% |
| 2012 | 305,855 | 199,099 | 106,756 | -10.2 | 0% |
| 2013 | 352,916 | 349,807 | 3,109 | -5.7 | 24% |
| 2014 | 373,216 | 306,466 | 66,750 | -3.9 | 18% |
| 2015 | 232,862 | 184,411 | 48,451 | -3.3 | 30% |
| 2016 | 446,849 | 360,433 | 86,416 | 1.2 | 15% |
| 2017 | 313,206 | 323,199 | −9,993 | 1.0 | 0% |
| 2018 | 352,261 | 355,468 | −3,207 | 0.8 | 18% |
| 2019 | 328,273 | 375,022 | −46,749 | -0.8 | 22% |
| 2020 | 290,966 | 341,982 | −51,016 | -2.6 | 27% |
| 2021 | 512,586 | 593,550 | −80,964 | -3.2 | 16% |
| 2022 | 498,475 | 550,309 | −51,834 | -4.5 | 15% |
| 2023 | 420,921 | 493,833 | −72,912 | -6.8 | 25% |
In its most recent public year (2023), this organization spent $72,912 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-6.8 months), down from -4.1 in 2010. Staff pay was 25% 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
Colonial Flag Foundation'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