Floor Covering Industry Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 357,560 | 209,036 | 148,524 | 113.7 | 0% |
| 2012 | 345,492 | 231,710 | 113,782 | 115.1 | 0% |
| 2013 | 469,006 | 258,221 | 210,785 | 113.0 | 0% |
| 2014 | 471,632 | 404,199 | 67,433 | 72.4 | 0% |
| 2015 | 564,082 | 407,441 | 156,641 | 73.3 | 0% |
| 2016 | 512,151 | 427,141 | 85,010 | 74.8 | 0% |
| 2017 | 540,956 | 604,070 | −63,114 | 52.9 | 0% |
| 2018 | 615,571 | 739,316 | −123,745 | 39.2 | 9% |
| 2019 | 716,000 | 797,890 | −81,890 | 36.7 | 11% |
| 2020 | 752,406 | 652,775 | 99,631 | 49.3 | 15% |
| 2021 | 1,076,830 | 807,767 | 269,063 | 45.2 | 24% |
| 2022 | 836,296 | 704,084 | 132,212 | 47.5 | 17% |
| 2023 | 921,261 | 840,421 | 80,840 | 42.4 | 14% |
In its most recent public year (2023), this organization brought in $80,840 more than it spent. Its reserves stood at about 42.4 months of spending, down from 113.7 in 2011. Staff pay was 14% of spending. $354,500 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
Floor Covering Industry Foundation'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