Fairhope Center For The Writing Arts Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,900 | 2,839 | −939 | 19.7 | — |
| 2021 | 2,100 | 3,056 | −956 | 14.5 | — |
| 2022 | 8,850 | 4,402 | 4,448 | 22.2 | — |
| 2023 | 7,446 | 6,331 | 1,115 | 17.6 | — |
In its most recent public year (2023), this organization brought in $1,115 more than it spent. Its reserves stood at about 17.6 months of spending, down from 19.7 in 2020.
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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