Operating record

Foundation For Reformed Theology

Richmond, VA · EIN 56-2111985 · files full Form 990 · latest public year 2023

YearMoney inMoney outResultReserve mo.Staffing
2020$186,847$282,347−$95,50054.961%
2021$222,808$74,761$148,047253.220%
2022$75,643$67,258$8,385230.921%
2023$104,980$59,505$45,475307.215%

In its most recent public year (2023), this organization brought in $45,475 more than it spent. Its reserves stood at about 307.2 months of spending, up from 54.9 in 2020. Staff pay was 15% of spending.

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 ↗