Ifa Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,462,778 | 1,084,004 | 378,774 | 64.6 | 0% |
| 2012 | 1,022,776 | 1,116,915 | −94,139 | 64.1 | 0% |
| 2013 | 521,442 | 853,841 | −332,399 | 89.2 | 0% |
| 2014 | 7,224,833 | 1,683,660 | 5,541,173 | 86.4 | 0% |
| 2015 | 1,810,224 | 2,061,514 | −251,290 | 67.3 | 15% |
| 2016 | 953,693 | 2,295,645 | −1,341,952 | 53.7 | 13% |
| 2017 | 1,128,126 | 2,186,581 | −1,058,455 | 53.7 | 17% |
| 2018 | 1,775,455 | 2,406,229 | −630,774 | 44.9 | 15% |
| 2019 | 1,240,252 | 1,084,159 | 156,093 | 109.0 | 22% |
| 2020 | 536,414 | 832,847 | −296,433 | 141.8 | 53% |
| 2021 | 448,911 | 810,043 | −361,132 | 159.9 | 44% |
| 2022 | 426,102 | 1,429,334 | −1,003,232 | 68.9 | 25% |
| 2023 | 917,988 | 1,152,732 | −234,744 | 83.2 | 29% |
In its most recent public year (2023), this organization spent $234,744 more than it brought in. Its reserves stood at about 83.2 months of spending, up from 64.6 in 2011. Staff pay was 29% of spending. $1,803,101 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works