Fencing Institute Of Texas
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 163,581 | 174,219 | −10,638 | 3.6 | — |
| 2012 | 268,269 | 225,768 | 42,501 | 3.7 | 28% |
| 2013 | 293,087 | 225,894 | 67,193 | 5.4 | 25% |
| 2014 | 291,899 | 267,356 | 24,543 | 4.0 | 24% |
| 2015 | 289,110 | 260,500 | 28,610 | 5.3 | 24% |
| 2016 | 239,276 | 91,769 | 147,507 | 22.4 | 21% |
| 2017 | 307,812 | 308,893 | −1,081 | 1.1 | 22% |
| 2018 | 250,579 | 239,947 | 10,632 | 0.5 | 22% |
| 2019 | 285,961 | 275,601 | 10,360 | 1.1 | 25% |
| 2020 | 285,401 | 281,677 | 3,724 | 0.6 | 33% |
| 2021 | 497,939 | 457,410 | 40,529 | 0.4 | 26% |
| 2022 | 422,030 | 439,971 | −17,941 | 0.0 | 19% |
| 2023 | 443,980 | 406,959 | 37,021 | 0.6 | 27% |
In its most recent public year (2023), this organization brought in $37,021 more than it spent. Its reserves stood at about 0.6 months of spending, down from 3.6 in 2011. Staff pay was 27% 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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