Fanangel Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,706,130 | 1,662,104 | 44,026 | 0.3 | 0% |
| 2021 | 2,499,077 | 2,480,105 | 18,972 | 0.3 | 0% |
| 2022 | 3,003,474 | 2,995,439 | 8,035 | 0.3 | 0% |
| 2023 | 2,950,195 | 2,965,145 | −14,950 | 0.2 | 0% |
In its most recent public year (2023), this organization spent $14,950 more than it brought in. Its reserves stood at about 0.2 months of spending. 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
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