George Faile Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 108,450 | 200,734 | −92,284 | 15.4 | — |
| 2012 | 88,430 | 113,969 | −25,539 | 28.4 | — |
| 2013 | 75,655 | 97,328 | −21,673 | 30.6 | — |
| 2014 | 1,446,424 | 164,161 | 1,282,263 | 116.1 | 0% |
| 2015 | 53,751 | 112,331 | −58,580 | 154.5 | 0% |
| 2016 | 71,898 | 128,046 | −56,148 | 131.4 | 0% |
| 2017 | 85,500 | 178,699 | −93,199 | 87.9 | 0% |
| 2018 | 80,318 | 334,058 | −253,740 | 38.9 | 7% |
| 2019 | 97,769 | 180,918 | −83,149 | 64.7 | 11% |
| 2020 | 68,585 | 192,411 | −123,826 | 53.8 | 16% |
| 2021 | 209,025 | 113,690 | 95,335 | 101.0 | 25% |
| 2022 | 138,629 | 146,052 | −7,423 | 62.8 | 20% |
| 2023 | 149,566 | 178,976 | −29,410 | 56.8 | 16% |
In its most recent public year (2023), this organization spent $29,410 more than it brought in. Its reserves stood at about 56.8 months of spending, up from 15.4 in 2011. Staff pay was 16% of spending. $228,257 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
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