The Fund For African Relief And Education
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 104,138 | 111,125 | −6,987 | 7.1 | 0% |
| 2012 | 109,055 | 113,956 | −4,901 | 6.2 | 0% |
| 2013 | 71,236 | 162,047 | −90,811 | 1.1 | 0% |
| 2014 | 156,622 | 106,114 | 50,508 | 8.0 | 0% |
| 2015 | 123,942 | 96,167 | 27,775 | 7.2 | 0% |
| 2016 | 90,880 | 74,924 | 15,956 | 6.2 | 0% |
| 2017 | 119,697 | 78,340 | 41,357 | 3.6 | 0% |
| 2018 | 95,564 | 95,769 | −205 | 5.7 | 0% |
| 2019 | 95,411 | 105,980 | −10,569 | 3.8 | 0% |
| 2020 | 103,658 | 159,013 | −55,355 | 2.1 | 0% |
| 2021 | 125,368 | 130,008 | −4,640 | 3.7 | 0% |
| 2023 | 61,131 | 67,829 | −6,698 | 0.0 | — |
In its most recent public year (2023), this organization spent $6,698 more than it brought in. Its reserves stood at about 0 months of spending, down from 7.1 in 2011.
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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