Foundation Communities Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 12,737,792 | 5,873,068 | 6,864,724 | 87.1 | 57% |
| 2012 | 13,161,626 | 7,444,351 | 5,717,275 | 83.5 | 62% |
| 2013 | 12,512,653 | 10,319,406 | 2,193,247 | 70.5 | 50% |
| 2014 | 20,166,242 | 11,830,510 | 8,335,732 | 69.9 | 56% |
| 2015 | 21,258,060 | 13,464,214 | 7,793,846 | 68.4 | 64% |
| 2016 | 28,647,038 | 14,266,736 | 14,380,302 | 76.6 | 59% |
| 2017 | 25,096,298 | 15,802,251 | 9,294,047 | 76.3 | 56% |
| 2018 | 18,146,351 | 17,288,917 | 857,434 | 70.3 | 51% |
| 2019 | 35,381,833 | 20,604,333 | 14,777,500 | 67.6 | 54% |
| 2020 | 31,007,217 | 22,592,505 | 8,414,712 | 66.1 | 56% |
| 2021 | 44,085,347 | 25,514,683 | 18,570,664 | 67.3 | 56% |
| 2022 | 44,338,510 | 27,216,921 | 17,121,589 | 70.6 | 59% |
| 2023 | 41,254,625 | 30,230,380 | 11,024,245 | 67.9 | 63% |
In its most recent public year (2023), this organization brought in $11,024,245 more than it spent. Its reserves stood at about 67.9 months of spending, down from 87.1 in 2011. Staff pay was 63% of spending. $30,417,042 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works