Folly Association Of Business
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 53,211 | 44,573 | 8,638 | 20.9 | — |
| 2013 | 87,201 | 42,784 | 44,417 | 34.3 | — |
| 2014 | 33,950 | 76,608 | −42,658 | 12.5 | — |
| 2015 | 67,244 | 47,405 | 19,839 | 25.2 | — |
| 2016 | 85,366 | 43,669 | 41,697 | 39.4 | — |
| 2017 | 100,215 | 76,680 | 23,535 | 26.1 | — |
| 2018 | 114,200 | 107,546 | 6,654 | 19.4 | 0% |
| 2019 | 110,151 | 98,403 | 11,748 | 22.6 | 0% |
| 2020 | 34,443 | 85,478 | −51,035 | 18.9 | 0% |
| 2021 | 110,217 | 62,814 | 47,403 | 36.0 | 0% |
| 2022 | 153,614 | 124,193 | 29,421 | 21.0 | 0% |
| 2023 | 138,342 | 123,612 | 14,730 | 22.6 | 0% |
In its most recent public year (2023), this organization brought in $14,730 more than it spent. Its reserves stood at about 22.6 months of spending, up from 20.9 in 2012. Staff pay was 0% 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
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