Fedcap Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,518,483 | 1,648,712 | −130,229 | -0.8 | 67% |
| 2021 | 2,664,855 | 1,973,252 | 691,603 | 3.5 | 54% |
| 2022 | 25,391,082 | 23,582,173 | 1,808,909 | 2.3 | 47% |
| 2023 | 39,407,444 | 33,328,578 | 6,078,866 | 3.8 | 48% |
In its most recent public year (2023), this organization brought in $6,078,866 more than it spent. Its reserves stood at about 3.8 months of spending, up from -0.8 in 2020. Staff pay was 48% of spending. $101,171 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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