Fostering Connections Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 7,999 | 3,450 | 4,549 | 15.8 | — |
| 2019 | 42,924 | 9,564 | 33,360 | 47.6 | — |
| 2020 | 68,328 | 55,992 | 12,336 | 10.7 | — |
| 2021 | 77,502 | 38,904 | 38,598 | 27.3 | — |
| 2022 | 121,458 | 64,168 | 57,290 | 27.3 | — |
| 2023 | 134,676 | 129,248 | 5,428 | 14.0 | — |
In its most recent public year (2023), this organization brought in $5,428 more than it spent. Its reserves stood at about 14 months of spending, down from 15.8 in 2018.
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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