Fort Adams Trust Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,095,168 | 691,943 | 1,403,225 | 48.4 | 33% |
| 2012 | 643,291 | 2,560,166 | −1,916,875 | 4.1 | 10% |
| 2013 | 454,419 | 596,827 | −142,408 | 14.7 | 10% |
| 2014 | 702,568 | 620,141 | 82,427 | 18.5 | 40% |
| 2015 | 691,567 | 757,175 | −65,608 | 14.0 | 36% |
| 2016 | 1,008,526 | 1,086,141 | −77,615 | 8.9 | 28% |
| 2017 | 814,373 | 679,070 | 135,303 | 16.7 | 45% |
| 2018 | 995,323 | 1,027,836 | −32,513 | 10.6 | 38% |
| 2019 | 1,510,763 | 1,051,806 | 458,957 | 15.6 | 42% |
| 2020 | 811,753 | 810,992 | 761 | 20.3 | 37% |
| 2021 | 1,343,928 | 1,365,094 | −21,166 | 11.9 | 24% |
| 2022 | 1,115,382 | 1,443,207 | −327,825 | 8.5 | 28% |
| 2023 | 1,150,524 | 1,130,009 | 20,515 | 11.1 | 39% |
In its most recent public year (2023), this organization brought in $20,515 more than it spent. Its reserves stood at about 11.1 months of spending, down from 48.4 in 2011. Staff pay was 39% of spending. $1,019,227 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
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