Foundations Of Faith
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 75,608 | 66,274 | 9,334 | 1.7 | 72% |
| 2016 | 101,692 | 91,479 | 10,213 | 2.6 | 78% |
| 2017 | 106,871 | 77,511 | 29,360 | 7.6 | 77% |
| 2018 | 93,790 | 106,002 | −12,212 | 4.2 | 78% |
| 2019 | 107,188 | 132,040 | −24,852 | 1.1 | 76% |
| 2020 | 221,038 | 150,015 | 71,023 | 7.5 | 68% |
| 2021 | 166,242 | 109,730 | 56,512 | 16.4 | 67% |
| 2022 | 106,067 | 101,109 | 4,958 | 17.2 | 68% |
| 2023 | 172,741 | 131,511 | 41,230 | 18.4 | 65% |
In its most recent public year (2023), this organization brought in $41,230 more than it spent. Its reserves stood at about 18.4 months of spending, up from 1.7 in 2015. Staff pay was 65% 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
Foundations Of Faith'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