Foundation Industries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,043,823 | 1,085,037 | −41,214 | 3.6 | 69% |
| 2012 | 1,005,609 | 1,078,054 | −72,445 | 2.8 | 64% |
| 2013 | 992,511 | 1,042,357 | −49,846 | 2.4 | 65% |
| 2014 | 1,073,460 | 1,035,297 | 38,163 | 2.8 | 65% |
| 2015 | 1,008,231 | 992,561 | 15,670 | 3.1 | 68% |
| 2016 | 972,840 | 1,033,962 | −61,122 | 2.3 | 67% |
| 2017 | 874,390 | 919,618 | −45,228 | 2.0 | 70% |
| 2018 | 940,711 | 898,266 | 42,445 | 2.6 | 69% |
| 2019 | 829,805 | 930,459 | −100,654 | -0.7 | 69% |
| 2020 | 612,020 | 637,384 | −25,364 | -1.5 | 72% |
In its most recent public year (2020), this organization spent $25,364 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-1.5 months), down from 3.6 in 2011. Staff pay was 72% 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 2020. 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
Foundation Industries Inc's IRS filings as a feed — one entry per filing year, through 2020. 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