Forum To Advance Minorities In Engineering Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 277,209 | 215,820 | 61,389 | 27.6 | 53% |
| 2011 | 474,672 | 257,001 | 217,671 | 33.3 | 48% |
| 2012 | 414,977 | 351,487 | 63,490 | 26.5 | 20% |
| 2013 | 461,606 | 474,492 | −12,886 | 19.3 | 57% |
| 2014 | 500,607 | 592,909 | −92,302 | 13.6 | 65% |
| 2015 | 598,671 | 659,839 | −61,168 | 11.1 | 65% |
| 2016 | 782,702 | 716,401 | 66,301 | 11.3 | 61% |
| 2017 | 711,447 | 668,634 | 42,813 | 12.9 | 61% |
| 2018 | 749,907 | 721,957 | 27,950 | 12.4 | 59% |
| 2019 | 704,414 | 1,006,235 | −301,821 | 5.3 | 56% |
| 2020 | 891,048 | 897,370 | −6,322 | 5.9 | 52% |
| 2021 | 5,079,647 | 1,327,052 | 3,752,595 | 37.9 | 60% |
| 2022 | 971,616 | 1,252,420 | −280,804 | 37.5 | 44% |
| 2023 | 1,951,707 | 1,351,851 | 599,856 | 40.0 | 56% |
In its most recent public year (2023), this organization brought in $599,856 more than it spent. Its reserves stood at about 40 months of spending, up from 27.6 in 2010. Staff pay was 56% of spending. $3,903,338 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
Forum To Advance Minorities In Engineering Inc'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