Foundation For Manufacturing Excellence
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 196,391 | 174,255 | 22,136 | 1.5 | 0% |
| 2016 | 571,308 | 395,440 | 175,868 | 6.0 | 25% |
| 2017 | 358,451 | 204,965 | 153,486 | 20.6 | 48% |
| 2018 | 632,011 | 521,707 | 110,304 | 10.6 | 19% |
| 2019 | 449,126 | 391,750 | 57,376 | 15.9 | 27% |
| 2020 | 533,110 | 387,559 | 145,551 | 20.6 | 28% |
| 2021 | 986,587 | 701,368 | 285,219 | 16.3 | 16% |
| 2022 | 1,181,360 | 807,409 | 373,951 | 19.7 | 15% |
| 2023 | 1,205,918 | 880,811 | 325,107 | 22.4 | 15% |
In its most recent public year (2023), this organization brought in $325,107 more than it spent. Its reserves stood at about 22.4 months of spending, up from 1.5 in 2015. Staff pay was 15% 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
Foundation For Manufacturing Excellence'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