Foundation For Appalachian Kentucky Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,401,547 | 279,687 | 1,121,860 | 78.0 | 38% |
| 2012 | 4,551,131 | 597,505 | 3,953,626 | 116.2 | 18% |
| 2013 | 629,675 | 490,603 | 139,072 | 147.0 | 24% |
| 2014 | 625,275 | 644,113 | −18,838 | 113.8 | 19% |
| 2015 | 957,292 | 861,227 | 96,065 | 85.4 | 19% |
| 2016 | 1,842,535 | 969,579 | 872,956 | 89.0 | 21% |
| 2017 | 3,191,702 | 1,709,163 | 1,482,539 | 64.1 | 14% |
| 2018 | 2,597,360 | 2,480,681 | 116,679 | 42.5 | 16% |
| 2019 | 7,579,832 | 4,969,024 | 2,610,808 | 29.1 | 9% |
| 2020 | 6,761,361 | 5,105,548 | 1,655,813 | 28.8 | 9% |
| 2021 | 12,960,964 | 5,404,241 | 7,556,723 | 47.5 | 11% |
| 2022 | 20,144,039 | 13,843,338 | 6,300,701 | 22.8 | 6% |
| 2023 | 11,777,632 | 10,585,653 | 1,191,979 | 34.4 | 11% |
In its most recent public year (2023), this organization brought in $1,191,979 more than it spent. Its reserves stood at about 34.4 months of spending, down from 78 in 2011. Staff pay was 11% of spending. $28,837,826 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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