Approachable Foster Family Agency
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 4,409,335 | 4,579,809 | −170,474 | 0.7 | 22% |
| 2011 | 2,487,297 | 2,742,216 | −254,919 | 0.0 | 20% |
| 2012 | 3,130,101 | 3,107,931 | 22,170 | 0.1 | 21% |
| 2013 | 3,726,488 | 3,714,797 | 11,691 | 0.1 | 23% |
| 2014 | 3,979,322 | 4,109,593 | −130,271 | -0.3 | 27% |
| 2015 | 4,003,719 | 4,072,208 | −68,489 | 0.4 | 27% |
| 2016 | 4,333,123 | 4,326,886 | 6,237 | 0.6 | 27% |
| 2017 | 5,017,459 | 4,720,649 | 296,810 | 1.3 | 28% |
| 2018 | 4,783,290 | 4,768,273 | 15,017 | 1.3 | 28% |
| 2019 | 4,840,094 | 4,814,591 | 25,503 | 1.4 | 29% |
| 2020 | 4,659,285 | 4,354,042 | 305,243 | 2.4 | 29% |
| 2021 | 4,195,767 | 4,189,820 | 5,947 | 2.5 | 32% |
| 2022 | 4,624,241 | 4,524,227 | 100,014 | 2.6 | 34% |
| 2023 | 5,571,958 | 4,955,063 | 616,895 | 3.8 | 32% |
In its most recent public year (2023), this organization brought in $616,895 more than it spent. Its reserves stood at about 3.8 months of spending, up from 0.7 in 2010. Staff pay was 32% 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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