Foundation For Abilities First Ny
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 390,807 | 393,029 | −2,222 | 9.3 | 41% |
| 2021 | 390,462 | 394,506 | −4,044 | 10.2 | 51% |
| 2022 | 361,238 | 453,763 | −92,525 | 6.5 | 39% |
| 2023 | 303,758 | 343,851 | −40,093 | 12.4 | 43% |
In its most recent public year (2023), this organization spent $40,093 more than it brought in. Its reserves stood at about 12.4 months of spending, up from 9.3 in 2020. Staff pay was 43% of spending. $173,820 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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