Fashion Legacy Association For Industry Recognition
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 22,582 | 17,870 | 4,712 | 3.2 | 0% |
| 2016 | 9,000 | 5,178 | 3,822 | 19.8 | — |
| 2017 | 87,124 | 68,087 | 19,037 | 4.9 | — |
| 2018 | 12,480 | 5,713 | 6,767 | 72.1 | — |
| 2019 | 81,858 | 100,411 | −18,553 | 1.9 | — |
| 2020 | 22,725 | 10,024 | 12,701 | 34.1 | — |
| 2022 | 0 | 2,305 | −2,305 | 245.0 | — |
| 2023 | 0 | 1,359 | −1,359 | 403.5 | — |
In its most recent public year (2023), this organization spent $1,359 more than it brought in. Its reserves stood at about 403.5 months of spending, up from 3.2 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 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
Fashion Legacy Association For Industry Recognition'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