Foundation For Theological Education
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 235,026 | 301,822 | −66,796 | 57.6 | 19% |
| 2012 | 369,869 | 353,777 | 16,092 | 51.9 | 21% |
| 2013 | 682,210 | 449,675 | 232,535 | 46.7 | 17% |
| 2014 | 640,211 | 385,944 | 254,267 | 62.2 | 25% |
| 2015 | 487,815 | 498,372 | −10,557 | 46.5 | 13% |
| 2016 | 412,402 | 334,795 | 77,607 | 75.0 | 13% |
| 2017 | 296,862 | 453,754 | −156,892 | 58.0 | 2% |
| 2018 | 1,112,550 | 149,520 | 963,030 | 177.5 | 3% |
| 2019 | 971,490 | 86,334 | 885,156 | 478.7 | 6% |
| 2020 | 324,356 | 272,402 | 51,954 | 152.2 | 4% |
| 2021 | 509,837 | 200,770 | 309,067 | 225.0 | 5% |
| 2022 | 340,116 | 360,761 | −20,645 | 120.0 | 3% |
| 2023 | 1,088,785 | 220,560 | 868,225 | 256.7 | 0% |
In its most recent public year (2023), this organization brought in $868,225 more than it spent. Its reserves stood at about 256.7 months of spending, up from 57.6 in 2011. 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
Foundation For Theological Education'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