Foundation For The Elderly Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 512,619 | 527,142 | −14,523 | 9.3 | 1% |
| 2011 | 575,201 | 534,733 | 40,468 | 9.3 | 0% |
| 2012 | 562,261 | 543,736 | 18,525 | 9.9 | 0% |
| 2013 | 577,663 | 581,810 | −4,147 | 9.9 | 0% |
| 2014 | 561,317 | 585,503 | −24,186 | 9.2 | 1% |
| 2015 | 548,978 | 581,840 | −32,862 | 7.4 | 1% |
| 2016 | 309,061 | 303,939 | 5,122 | 15.5 | 1% |
| 2017 | 310,362 | 273,276 | 37,086 | 20.8 | 1% |
| 2018 | 325,469 | 353,189 | −27,720 | 13.7 | 1% |
| 2019 | 332,144 | 276,128 | 56,016 | 20.5 | 2% |
| 2020 | 301,156 | 259,437 | 41,719 | 24.5 | 1% |
| 2021 | 180,799 | 222,631 | −41,832 | 26.5 | 0% |
| 2022 | −13,197 | 186,968 | −200,165 | 16.8 | 0% |
| 2023 | 3,763 | 182,165 | −178,402 | 6.6 | 0% |
In its most recent public year (2023), this organization spent $178,402 more than it brought in. Its reserves stood at about 6.6 months of spending, down from 9.3 in 2010. 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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