Foundation For Frostburg Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 27,711 | 30,199 | −2,488 | 112.5 | — |
| 2012 | 42,527 | 27,192 | 15,335 | 132.5 | — |
| 2013 | 95,893 | 51,326 | 44,567 | 81.5 | — |
| 2014 | 82,945 | 37,281 | 45,664 | 127.0 | — |
| 2015 | 59,591 | 53,097 | 6,494 | 90.1 | — |
| 2016 | 65,707 | 82,447 | −16,740 | 54.8 | — |
| 2017 | 78,349 | 48,788 | 29,561 | 102.3 | — |
| 2018 | 77,965 | 51,270 | 26,695 | 100.3 | 0% |
| 2019 | 184,276 | 100,195 | 84,081 | 61.4 | 0% |
| 2020 | 236,314 | 124,315 | 111,999 | 60.3 | 0% |
| 2021 | 179,544 | 118,529 | 61,015 | 69.4 | 0% |
| 2022 | 114,928 | 80,602 | 34,326 | 107.2 | 0% |
| 2023 | 334,703 | 150,137 | 184,566 | 72.3 | 0% |
In its most recent public year (2023), this organization brought in $184,566 more than it spent. Its reserves stood at about 72.3 months of spending, down from 112.5 in 2011. Staff pay was 0% of spending. $399,830 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
Foundation For Frostburg 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