Floyds 99 Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 48,202 | 5,964 | 42,238 | 259.7 | — |
| 2022 | 54,388 | 36,447 | 17,941 | 48.4 | — |
| 2023 | 46,663 | 50,910 | −4,247 | 33.6 | — |
In its most recent public year (2023), this organization spent $4,247 more than it brought in. Its reserves stood at about 33.6 months of spending, down from 259.7 in 2021.
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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