Family Independence Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 0 | 0 | 0 | — | — |
| 2019 | 30,000 | 258 | 29,742 | 1383.3 | — |
| 2020 | 29,233 | 15,682 | 13,551 | 224.4 | — |
| 2021 | 1,467,272 | 885,347 | 581,925 | 11.9 | 55% |
| 2022 | 4,227,942 | 989,496 | 3,238,446 | 50.5 | 54% |
| 2023 | 2,061,971 | 1,363,318 | 698,653 | 42.7 | 53% |
In its most recent public year (2023), this organization brought in $698,653 more than it spent. Its reserves stood at about 42.7 months of spending. Staff pay was 53% of spending. $38,774 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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