Friends Of Hale County Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 143,785 | 113,448 | 30,337 | 3.9 | — |
| 2021 | 198,152 | 77,418 | 120,734 | 24.4 | 0% |
| 2022 | 67,233 | 83,627 | −16,394 | 20.3 | 0% |
| 2023 | 132,217 | 77,208 | 55,009 | 30.5 | 0% |
In its most recent public year (2023), this organization brought in $55,009 more than it spent. Its reserves stood at about 30.5 months of spending, up from 3.9 in 2020. 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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