Formetco Incorporated Employee Health Benefit Tr
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 444,734 | 443,978 | 756 | 0.0 | 0% |
| 2012 | 545,011 | 535,411 | 9,600 | 0.3 | 0% |
| 2013 | 610,513 | 581,210 | 29,303 | 0.8 | 0% |
| 2014 | 776,240 | 775,214 | 1,026 | 0.6 | 0% |
| 2015 | 719,680 | 716,497 | 3,183 | 0.8 | 0% |
| 2016 | 637,519 | 673,991 | −36,472 | 0.1 | 0% |
| 2017 | 855,120 | 854,559 | 561 | 0.1 | 0% |
| 2018 | 931,764 | 930,762 | 1,002 | 0.1 | 0% |
| 2019 | 1,364,214 | 1,259,950 | 104,264 | 1.1 | 0% |
| 2020 | 897,278 | 1,006,501 | −109,223 | 0.1 | 0% |
| 2021 | 1,121,749 | 1,121,749 | 0 | 0.1 | 0% |
| 2022 | 1,227,974 | 1,223,124 | 4,850 | 0.1 | 0% |
| 2023 | 1,134,830 | 1,139,680 | −4,850 | 0.1 | 0% |
In its most recent public year (2023), this organization spent $4,850 more than it brought in. Its reserves stood at about 0.1 months of spending. 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
Formetco Incorporated Employee Health Benefit Tr'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