Folds Of Honor Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 8,936,881 | 8,441,356 | 495,525 | 5.6 | 10% |
| 2012 | 9,433,691 | 9,731,489 | −297,798 | 4.5 | 8% |
| 2013 | 47,300 | 0 | 47,300 | — | — |
| 2014 | 12,343,011 | 13,172,891 | −829,880 | 2.1 | 12% |
| 2015 | 17,699,474 | 14,604,473 | 3,095,001 | 4.4 | 13% |
| 2016 | 18,783,662 | 13,142,917 | 5,640,745 | 10.1 | 18% |
| 2017 | 24,985,010 | 19,624,393 | 5,360,617 | 10.1 | 14% |
| 2018 | 31,771,298 | 23,779,564 | 7,991,734 | 12.3 | 15% |
| 2019 | 35,069,571 | 24,549,617 | 10,519,954 | 17.2 | 16% |
| 2020 | 37,411,690 | 28,742,605 | 8,669,085 | 18.3 | 14% |
| 2021 | 51,158,137 | 33,969,853 | 17,188,284 | 22.1 | 13% |
| 2022 | 55,642,990 | 46,972,258 | 8,670,732 | 18.8 | 13% |
| 2023 | 63,841,969 | 51,688,520 | 12,153,449 | 20.4 | 13% |
In its most recent public year (2023), this organization brought in $12,153,449 more than it spent. Its reserves stood at about 20.4 months of spending, up from 5.6 in 2011. Staff pay was 13% of spending. $13,376,495 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
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