Foundation Communities
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 13,609,193 | 14,510,169 | −900,976 | -3.0 | 17% |
| 2012 | 14,487,220 | 15,496,431 | −1,009,211 | -6.3 | 14% |
| 2013 | 19,103,393 | 19,156,296 | −52,903 | -9.3 | 13% |
| 2014 | 17,918,310 | 19,722,486 | −1,804,176 | -10.1 | 11% |
| 2015 | 18,691,506 | 19,426,930 | −735,424 | -10.7 | 12% |
| 2016 | 18,854,922 | 20,080,727 | −1,225,805 | -8.0 | 12% |
| 2017 | 21,379,615 | 22,737,238 | −1,357,623 | -10.9 | 12% |
| 2018 | 21,823,510 | 22,500,973 | −677,463 | -11.4 | 12% |
| 2020 | 22,441,458 | 23,573,716 | −1,132,258 | -15.5 | 13% |
| 2021 | 25,689,954 | 24,364,521 | 1,325,433 | -14.4 | 13% |
| 2022 | 24,735,536 | 25,393,485 | −657,949 | -14.1 | 13% |
| 2023 | 25,916,885 | 26,233,144 | −316,259 | -13.8 | 13% |
In its most recent public year (2023), this organization spent $316,259 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-13.8 months), down from -3 in 2011. Staff pay was 13% of spending. $1,625,000 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
Foundation Communities's IRS filings as a feed — one entry per filing year, through 2023. 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